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Thursday 22 September 2016

Lead futures gain on upsurge in demand : 22 Sept 2016

Lead futures were trading higher during the evening trade in the domestic market on Thursday as investors and speculators widened their bets in the industrial metal led by rise in physical demand for lead, from battery-makers, in the domestic spot market. Further, an upsurge in demand from battery-makers in the domestic spot market, supported prices of lead at the domestic spot markets. At the MCX, lead futures for September 2016 contract is trading at Rs 129.95 per kg, up by 0.62 per cent, after opening at Rs 129.85, against a previous close of Rs 129.15. It touched the intra-day high of Rs 130.50 


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