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Lead futures slide 0.46 pc on profit-booking

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Press Trust of India New Delhi
Last Updated : Dec 19 2017 | 11:40 AM IST
Lead prices eased by 0.46 per cent to Rs 163.55 per kg in futures market today as speculators booked profits driven by sluggish demand in the spot market.
At the Multi Commodity Exchange, lead for delivery in January edged lower by 75 paise, or 0.46 per cent, to Rs 163.55 per kg in a business turnover of 27 lots.
Likewise, the metal for delivery in December shed 70 paise, or 0.43 per cent, to Rs 163.95 per kg in 953 lots.
Analysts said besides profit-booking by participants, fall in demand from battery makers in the spot market, mainly weighed on lead prices at futures trade.

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First Published: Dec 19 2017 | 11:40 AM IST

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