 "Lead down by 0.3% on subdued domestic demand")
Tracking a weak trend overseas and subdued domestic demand, lead fell 0.35% to Rs 113.75 per kg in futures trade today as traders trimmed their holdings.
In futures trading at Multi Commodity Exchange, lead for delivery in August contracts shed 40 paise, or 0.35%, to Rs 113.75 per kg in a moderate business turnover of two lots.
Also, metal for delivery in July contracts fell 25 paise, or 0.22%, to Rs 112.80 per kg in a turnover of 172 lots.
Analysts said that besides subdued demand from battery-makers and other consuming industries at the domestic spot market, a weak trend in select base metals at the London Metal Exchange kept pressure on lead futures prices here.
In futures trading at Multi Commodity Exchange, lead for delivery in August contracts shed 40 paise, or 0.35%, to Rs 113.75 per kg in a moderate business turnover of two lots.
Also, metal for delivery in July contracts fell 25 paise, or 0.22%, to Rs 112.80 per kg in a turnover of 172 lots.
Analysts said that besides subdued demand from battery-makers and other consuming industries at the domestic spot market, a weak trend in select base metals at the London Metal Exchange kept pressure on lead futures prices here.