Lead futures rise amid pick-up in demand
24/08/2017
Lead futures were trading higher during the afternoon trade in the domestic market on Thursday as participants created fresh positions, taking positive cues from spot market on pick-up in demand.
Marketmen said building up of positions by traders backed by upsurge in demand from battery-makers at domestic spot market, supported the upside in lead prices at futures trade.At the MCX, lead futures for August 2017 contract is trading at Rs 152.40 per kg, up by 0.49 per cent, after opening at Rs 152.20, against a previous close of Rs 151.65. It touched the intra-day high of Rs 152.55. (at 12:02 hours).
24/08/2017
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Lead futures were trading higher during the afternoon trade in the domestic market on Thursday as participants created fresh positions, taking positive cues from spot market on pick-up in demand.
Marketmen said building up of positions by traders backed by upsurge in demand from battery-makers at domestic spot market, supported the upside in lead prices at futures trade.At the MCX, lead futures for August 2017 contract is trading at Rs 152.40 per kg, up by 0.49 per cent, after opening at Rs 152.20, against a previous close of Rs 151.65. It touched the intra-day high of Rs 152.55. (at 12:02 hours).
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