Lead futures keep head above water
03/07/2017
Lead futures were trading higher during morning trade in the domestic market on Monday as investors and speculators build up their positions in the industrial metal on increase in physical demand for lead, from battery-makers, in the domestic spot market. Further, a rise in physical demand from battery-makers in the domestic spot market, supported prices of lead at futures trade. At the MCX, lead futures for July 2017 contract is trading at Rs 149.15 per kg, up by 0.71 per cent, after opening at Rs 148.90, against a previous close of Rs 148.10. It touched the intra-day high of Rs 149.35 (at 10:44 hours).
03/07/2017
Lead futures were trading higher during morning trade in the domestic market on Monday as investors and speculators build up their positions in the industrial metal on increase in physical demand for lead, from battery-makers, in the domestic spot market. Further, a rise in physical demand from battery-makers in the domestic spot market, supported prices of lead at futures trade. At the MCX, lead futures for July 2017 contract is trading at Rs 149.15 per kg, up by 0.71 per cent, after opening at Rs 148.90, against a previous close of Rs 148.10. It touched the intra-day high of Rs 149.35 (at 10:44 hours).
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