Lead futures fall 0.35% on low domestic demand

NEW DELHI: Lead fell 0.35 per cent to Rs 113.60 per kg in futures trade today after participants reduced exposure amid sluggish domestic demand.

At the Multi Commodity Exchange, lead for delivery in April was trading 40 paise, or 0.35 per cent down, at Rs 113.60 per kg, in a business turnover of 367 lots.

Metal for delivery in May too shed 40 paise, or 0.35 per cent, at Rs 114.45 per kg in eight lots.

Analysts said muted demand from battery-makers in the domestic spot market, weighed on lead futures.