Lead futures drop 0.25% on diminishing demand
25/04/2017
Lead futures were trading lower during morning trade in the domestic market on Tuesday as investors and speculators trimmed their bets in the industrial metal on sluggish physical demand for lead, from battery-makers, in the domestic spot market.
Further, a fall in physical demand from battery-makers in the domestic spot market, influenced prices of lead at futures trade.
At the MCX, lead futures for April 2017 contract is trading at Rs 139.10 per kg, down by 0.25 per cent, after opening at Rs 139.20, against a previous close of Rs 139.45. It touched the intra-day low of Rs 138.95 (at 10:38 hours).
25/04/2017
Lead futures were trading lower during morning trade in the domestic market on Tuesday as investors and speculators trimmed their bets in the industrial metal on sluggish physical demand for lead, from battery-makers, in the domestic spot market.
Further, a fall in physical demand from battery-makers in the domestic spot market, influenced prices of lead at futures trade.
At the MCX, lead futures for April 2017 contract is trading at Rs 139.10 per kg, down by 0.25 per cent, after opening at Rs 139.20, against a previous close of Rs 139.45. It touched the intra-day low of Rs 138.95 (at 10:38 hours).
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Today 12.00 Am Intraday tips for Currency,Commodity and Equity
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Silver down on feeble global cues
Free Bullion Calls, 1st session: 25.APR.2017
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Free Intraday Tips : Join Our Whatsapp No : 9841986753
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