Monday, October 10, 2016

Today in Noon Lead futures gain on upsurge in demand

During the afternoon trade, Lead futures were trading high in the domestic market on Monday as participants widened their positions in the industrial metal due to pick up in physical demand for lead, from battery-makers, in the domestic spot market.

Also, a rise in demand from battery-makers in the domestic spot market, supported prices of lead at futures trade. At the MCX, lead futures for October 2016 contract is trading at Rs 139.80 per kg, upward by 0.90 %, after opening at Rs 138.90, against a last close of Rs 138.55. It touched the intra-day higher of Rs 140.45.

Read More- Lead Updates