Lead futures trade higher on spot demand 12/05/2017

Lead futures trade higher on spot demand
12/05/2017

Lead futures were trading higher during the morning trade in the domestic market on Friday tracking a firming trend at the domestic markets on better demand.
Market analysts said better demand from battery-makers in spot market mainly helped lead to trade higher in futures market.
At the MCX, lead futures for May 2017 contract is trading at Rs 140 per kg, up by 0.04 per cent, after opening at Rs 139.50, against a previous close of Rs 139.95. It touched the intra-day high of Rs 140.20 (at 11:35 hours).

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