 "Lead down by 0.1% on muted demand")
Lead prices declined by 0.13% to Rs 113.20 per kg in futures trade today as participants reduced their positions amid a weak trend at the spot markets.
At the Multi Commodity Exchange, lead for delivery in November contract was down by 15 paise, or 0.13% to Rs 114.25 per kg in business turnover of five lots.
On similar lines, the metal for delivery in October shed 10 paise, or 0.09% to trade at Rs 113.20 per kg in 174 lots.
Marketmen attributed the fall in lead futures to trimming of positions by speculators, triggered by a weak trend at domestic spot markets due to subdued demand but gains in base metals overseas, capped the losses.
At the Multi Commodity Exchange, lead for delivery in November contract was down by 15 paise, or 0.13% to Rs 114.25 per kg in business turnover of five lots.
On similar lines, the metal for delivery in October shed 10 paise, or 0.09% to trade at Rs 113.20 per kg in 174 lots.
Marketmen attributed the fall in lead futures to trimming of positions by speculators, triggered by a weak trend at domestic spot markets due to subdued demand but gains in base metals overseas, capped the losses.