Lead Futures drop on Diminishing Demand
Lead futures were trading lower during the morning trade in the domestic market on Tuesday as traders trimmed their positions in the industrial metal amid a decline in physical demand for lead, from battery-makers, in the domestic spot market.
Further, muted demand from battery-makers in the domestic spot market, influenced the prices of lead in the spot markets.
At the MCX, Lead futures for August 2016 contract is trading at Rs 119.80 per kg, down by 0.17 per cent, after opening at Rs 120.05, against a previous close of Rs 120. It touched the intra-day low of Rs 119.75
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Lead futures were trading lower during the morning trade in the domestic market on Tuesday as traders trimmed their positions in the industrial metal amid a decline in physical demand for lead, from battery-makers, in the domestic spot market. 
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