Business Standard

Lead down by 0.3% on subdued spot demand

Weak global cues also affected prices

Lead down by 0.3% on subdued spot demand

Press Trust of India New Delhi
Lead prices were down by 0.28% to Rs 108.60 per kg in futures trade today amid subdued spot demand at domestic market and weak global cues.

At the Multi Commodity Exchange, the October month contract of lead fell by 30 paise, or 0.28%, to Rs 108.60 per kg in a business turnover of 184 lots.

The November month contract of the metal declined by 25 paise, or 0.23%, to Rs 109.60 per kg in three lots.

Marketmen said the fall in lead futures was due to a subdued demand from battery-makers in domestic markets and a weakening trend in base metals.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 08 2015 | 12:28 PM IST

Explore News