Lead prices were down by 0.54% to Rs 109.80 per kg in futures trading today due to sluggish demand from battery-makers in the spot market amid a weak global trend.
At the Multi Commodity Exchange, lead for delivery in February eased by 60 paise, or 0.54%, to Rs 109.80 per kg in a business turnover of three lots.
Metal for delivery in January shed 45 paise, or 0.41%, to Rs 109.40 per kg in 334 lots.
Market analysts said sluggish demand from battery-makers in the spot market amid a weak trend in the base metals pack at the London Metal Exchange, mainly kept pressure on lead prices at the futures trade.
At the Multi Commodity Exchange, lead for delivery in February eased by 60 paise, or 0.54%, to Rs 109.80 per kg in a business turnover of three lots.
Metal for delivery in January shed 45 paise, or 0.41%, to Rs 109.40 per kg in 334 lots.
Market analysts said sluggish demand from battery-makers in the spot market amid a weak trend in the base metals pack at the London Metal Exchange, mainly kept pressure on lead prices at the futures trade.