Published on 11/11/2019 2:06:31 PM | Source: Dion Global Solutions Ltd

Lead futures dip 0.06% on sluggish demand

Posted in Top Stories| #MCX #Commodity #Lead

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel 

Download Telegram App before Joining the Channel

Lead futures were trading lower during the noon trade in the domestic market on Monday amid subdued demand at the spot market. Analysts attributed the fall in lead prices at futures trade to profit-taking by players at current levels coupled with low demand at the spot market.

At the MCX, lead futures for November 2019 contract is trading at Rs 156.50 per kg, down by 0.06 per cent, after opening at Rs 156.55, against a previous close of Rs 156.60. It touched the intra-day low of Rs 156.35 (at 12:35 hours).