Lead Futures Down On Easing Demand

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Lead futures were trading lower during the afternoon trade in the domestic market on Friday as participants reduced their exposure amid subdued demand from consuming industries in the spot market. Weakness in lead futures was due to a sluggish demand from battery-makers at the domestic markets.

 

At the MCX, lead futures for March 2018 contract is trading at Rs 152.65 per kg, down by 0.46 per cent, after opening at Rs 153.05, against a previous close of Rs 153.35. It touched the intra-day low of Rs 152.30.

 

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