 "Lead down by 0.3% on global trend")
Tracking a weak trend overseas and sluggish domestic demand, lead fell 0.35% to Rs 112.60 per kg in futures trade today after participants reduced their holdings.
At the Multi Commodity exchange, lead for delivery in current month (June) shed 40 paise, or 0.35%, to Rs 112.60 per kg in a business turnover of 222 lots.
Similarly, metal for delivery in July contracts fell 30 paise, or 0.26%, to Rs 113.85 per kg in a turnover of nine lots.
Analysts said, besides subdued demand from battery-makers at the domestic spot market, a weak trend in select base metals at the London Metal Exchange before data projected to signal continued weakness in manufacturing in China, the world's biggest metals consumer, weighed on lead futures prices here.
At the Multi Commodity exchange, lead for delivery in current month (June) shed 40 paise, or 0.35%, to Rs 112.60 per kg in a business turnover of 222 lots.
Similarly, metal for delivery in July contracts fell 30 paise, or 0.26%, to Rs 113.85 per kg in a turnover of nine lots.
Analysts said, besides subdued demand from battery-makers at the domestic spot market, a weak trend in select base metals at the London Metal Exchange before data projected to signal continued weakness in manufacturing in China, the world's biggest metals consumer, weighed on lead futures prices here.