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Thursday, 22 November 2018

MTECHTIPS;- Lead futures down on low demand

MTECHTIPS;- Lead futures down on low demand

MTECHTIPS-Lead prices fell by 0.60 per cent in futures trade Thursday after traders reduced their holdings due to subdued demand at the domestic spot markets amid weak global cues. At the Multi Commodity Exchange, lead for delivery in current month traded higher by 85 pause, of 0.60 per cent at Rs 141.05 per kg with a business turnover of 1,140 lots. Market men said off-loading of positions by participants in due to low demand from battery-makers at the spot markets and a weak trend overseas on worries over the outlook for global economic growth in view of China-US trade disputes, kept pressure lead prices at futures trade

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Posted by MTECHTIPS at 11/22/2018 04:44:00 am
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