Lead futures dip on muted demand 25/09/2017

Lead futures dip on muted demand

Lead futures were trading lower during the afternoon trade in the domestic market on Monday as participants reduced their exposure amid subdued demand from consuming industries in the spot market. Marketmen said the weakness in lead futures was due to a sluggish demand from battery-makers at the domestic markets. At the MCX, lead futures for September 2017 contract is trading at Rs 161.15 per kg, down by 0.25 per cent, after opening at Rs 161.35, against a previous close of Rs 161.65. It touched the intra-day low of Rs 161.20 (at 12:06 hours).

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