 "Lead down 0.7% on overseas cues, subdued spot demand")
Lead prices eased by 0.78% to Rs 132.80 per kg in futures trade today after speculators reduced their exposures amid a weak trend at the London Metal Exchange.
At the Multi Commodity Exchange, lead for delivery in January fell Rs 1.05 paise, or 0.78%, to Rs 132.80 per kg in business turnover of 1,784 lots.
Likewise, the metal for delivery in February shed Re one, or 0.74% to Rs 133.90 per kg in a turnover of 77 lots.
Marketmen said the fall in lead futures prices was attributed to a weakeing trend overseas and subdued demand battery-makers at the spot markets.
At the Multi Commodity Exchange, lead for delivery in January fell Rs 1.05 paise, or 0.78%, to Rs 132.80 per kg in business turnover of 1,784 lots.
Likewise, the metal for delivery in February shed Re one, or 0.74% to Rs 133.90 per kg in a turnover of 77 lots.
Marketmen said the fall in lead futures prices was attributed to a weakeing trend overseas and subdued demand battery-makers at the spot markets.