 "Lead down 0.2% on subdued spot demand, global cues")
Lead eased 0.23 per cent, to Rs 110.65 per kg in futures trade today largely due to subdued spot demand and weak global cues.
At the Multi Commodity Exchange, the August contract of lead fell by 25 paise, or 0.23 per cent, to Rs 110.65 per kg in a business turnover of 14 lots.
The July contract of the metal declined by 15 paise, or 0.14 per cent, to Rs 109.35 per kg in 667 lots.
Marketmen said the fall in lead futures was due to a subdued demand from battery-makers at domestic markets and a weakening trend in base metals at the London Metal Exchange on concerns over China's slowing economy.
At the Multi Commodity Exchange, the August contract of lead fell by 25 paise, or 0.23 per cent, to Rs 110.65 per kg in a business turnover of 14 lots.
The July contract of the metal declined by 15 paise, or 0.14 per cent, to Rs 109.35 per kg in 667 lots.
Marketmen said the fall in lead futures was due to a subdued demand from battery-makers at domestic markets and a weakening trend in base metals at the London Metal Exchange on concerns over China's slowing economy.