Published on 2/08/2019 3:19:03 PM | Source: Dion Global Solutions Ltd

Lead futures shed 0.20% on weak demand

Posted in Top Stories| #Commodity #Lead

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Lead futures were trading lower during the afternoon trade in the domestic market on Friday 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 August 2019 contract is trading at Rs 151.85 per kg, down by 0.20 per cent, after opening at Rs 151.50, against a previous close of Rs 152.15. It touched the intra-day low of Rs 151.35 (at 14:55 hours).