Friday, December 2, 2016

Lead futures down by 1.66% on subdued demand

Lead futures drop during morning trade in the domestic market on Friday as investors & speculators exited their positions in the industrial metal amid drop in physical demand for lead, from battery-makers, in the domestic spot market.

At the MCX, for December 2016 contract lead futures is trading at Rs 157.15 per kg, downward by 1.66 %, after opening at Rs 157.95, against a last close of Rs 159.80. It touched the intra-day lower of Rs 156.80. 

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