Lead futures shed 0.81 pc on sluggish demand
At the Multi Commodity exchange, lead for delivery in June declined 90 paise, or 0.81 per cent, to Rs 110.05 per kg in business turnover of 133 lots.
By PTI |
NEW DELHI: Lead prices dropped by 0.81 per cent to Rs 110.05 per kg in futures trade today due to sluggish demand from battery-makers.
At the Multi Commodity exchange, lead for delivery in June declined 90 paise, or 0.81 per cent, to Rs 110.05 per kg in business turnover of 133 lots.
The May contract dropped by 15 paise, or 0.77 per cent, to Rs 109.80 per kg in 1,945 lots.
Analysts said besides sluggish demand from battery-makers in spot market mainly kept pressure on lead prices at futures trade.
Meanwhile, lead traded a shade lower at USD 2,014 a tonne on the London Metal Exchange.
At the Multi Commodity exchange, lead for delivery in June declined 90 paise, or 0.81 per cent, to Rs 110.05 per kg in business turnover of 133 lots.
The May contract dropped by 15 paise, or 0.77 per cent, to Rs 109.80 per kg in 1,945 lots.
Analysts said besides sluggish demand from battery-makers in spot market mainly kept pressure on lead prices at futures trade.
Meanwhile, lead traded a shade lower at USD 2,014 a tonne on the London Metal Exchange.
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