Lead futures up on rising demand

Posted Wednesday 08th August 2018 11:32:59 AM by Shubhojit

Lead futures were trading higher during the afternoon trade in the domestic market on Tuesday 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 2018 contract is trading at Rs 146.60 per kg, up by 0.58 per cent, after opening at Rs 146.10, against a previous close of Rs 145.75. It touched the intra-day high of Rs 146.90

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