Development News Edition
Give Feedback

Lead prices softened by 0.21%

At the Multi Commodity Exchange, lead for delivery in July shed 30 paise, or 0.21 per cent, to Rs 145.70 per kg in a business turnover of 249 lots.


PTI Last Updated at 30 Jul 2018, 12:07 IST India
Lead prices softened by 0.21%
  • Lead prices softened by 0.21 per cent to Rs 145.70 per kg in futures market today as speculators trimmed their positions, taking negative cues from spot market on subdued demand. (Image Credit: Flickr)

Lead prices softened by 0.21 per cent to Rs 145.70 per kg in futures market today as speculators trimmed their positions, taking negative cues from spot market on subdued demand.

At the Multi Commodity Exchange, lead for delivery in July shed 30 paise, or 0.21 per cent, to Rs 145.70 per kg in a business turnover of 249 lots.

Likewise, the metal for delivery in August was trading lower by 30 paise, or 0.20 per cent, to Rs 146.85 per kg in 48 lots.

Analysts said cutting down of positions by participants due to sluggish demand from consuming industries in the physical market influenced lead prices in futures trade.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY :
India

add banner

LEAVE COMMENT

Download our Android App on Google Play