 "Lead falls by 0.6% on sluggish demand")
Lead prices fell 0.64% to Rs 108.45 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 November eased by 70 paise, or 0.64%, to Rs 108.45 per kg in a business turnover of 124 lots.
Metal for delivery in December shed 65 paise, or 0.59%, to Rs 109.25 per kg in three lots.
Market analysts said besides sluggish demand from battery-makers in the spot market amid a weak trend in the base metals pack at the London Metal Exchange as investors weigh the impact of possible cuts by Chinese producers, mainly kept pressure on lead prices at futures trade.
At the Multi Commodity Exchange, lead for delivery in November eased by 70 paise, or 0.64%, to Rs 108.45 per kg in a business turnover of 124 lots.
Metal for delivery in December shed 65 paise, or 0.59%, to Rs 109.25 per kg in three lots.
Market analysts said besides sluggish demand from battery-makers in the spot market amid a weak trend in the base metals pack at the London Metal Exchange as investors weigh the impact of possible cuts by Chinese producers, mainly kept pressure on lead prices at futures trade.