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Lead futures dip on low demand

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Press Trust of India New Delhi
Last Updated : Nov 15 2019 | 12:50 PM IST

Lead prices on Friday drifted lower 0.23 per cent to Rs 154.65 per kg in futures market as speculators cut bets on low demand.

On the Multi Commodity Exchange, lead for delivery in November fell by 35 paise, or 0.23 per cent, to Rs 154.65 per kg in 384 lots.

Likewise, the metal for delivery in December shed 10 paise, or 0.06 per cent, to Rs 155.40 per kg in 5 lots.

Analysts said off-loading of positions by participants owing to slackened demand from consuming industries in the physical market mainly influenced lead prices at futures trade.

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First Published: Nov 15 2019 | 12:50 PM IST

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