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Lead futures decline on soft demand

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Press Trust of India New Delhi
Last Updated : Sep 17 2019 | 12:45 PM IST

Lead futures fell by Re 1 at Rs 154.40 per kg in futures trade on Tuesday due to subdued demand at the physical market,.

On the Multi Commodity Exchange, lead to be delivered in September traded lower by Re 1, or 0.64 per cent, at Rs 154.40 per kg in a business turnover of 1,675 lots.

Similarly, lead contracts for October delivery declined by 70 paise, 0.42 per cent, to Rs 155.05 per kg in a business turnover of 32 lots.

Analysts said low demand from battery-makers in the spot market mainly led to fall in lead prices at futures trade.

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First Published: Sep 17 2019 | 12:45 PM IST

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