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Lead slips in futures trade on soft demand

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Press Trust of India New Delhi
Last Updated : Jun 23 2017 | 12:48 PM IST
Lead fell 0.71 per cent to Rs 140.50 per kg in futures trade today as speculators reduced positions amid muted spot demand.
At the Multi Commodity exchange, lead for delivery in June contracts was trading Re 1, or 0.71 per cent, down at Rs 140.50 per kg in a business turnover of 523 lots.
Metal prices for delivery in July also fell by Re 1, or 0.70 per cent, to Rs 141.30 per kg in 7 lots.
Market analysts said slackened demand from battery-makers in the domestic spot market led to the fall in lead futures prices here.

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First Published: Jun 23 2017 | 12:48 PM IST

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