Lead futures dip on subdued demand
23/08/2017
Lead futures were trading lower during the afternoon trade in the domestic market on Wednesday as participants reduced their exposure amid subdued demand from consuming industries in the spot market.Marketmen said the weakness in lead futures was due to a sluggish demand from battery-makers at the domestic markets.At the MCX, lead futures for July 2017 contract is trading at Rs 153.45 per kg, down by 0.20 per cent, after opening at Rs 153.55, against a previous close of Rs 153.75. It touched the intra-day low of Rs 153.10 (at 12:05 hours).
23/08/2017
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Lead futures were trading lower during the afternoon trade in the domestic market on Wednesday as participants reduced their exposure amid subdued demand from consuming industries in the spot market.Marketmen said the weakness in lead futures was due to a sluggish demand from battery-makers at the domestic markets.At the MCX, lead futures for July 2017 contract is trading at Rs 153.45 per kg, down by 0.20 per cent, after opening at Rs 153.55, against a previous close of Rs 153.75. It touched the intra-day low of Rs 153.10 (at 12:05 hours).
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