Lead futures Dip on easing Demand

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Lead futures were trading lower during the afternoon trade in the domestic market on Tuesday 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 November 2017 contract is trading at Rs 157.15 per kg, down by 0.85 percent, after opening at Rs 157.95, against a previous close of Rs 158.50. It touched the intra-day low of Rs 156.60.

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