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Lead down by 0.5% on subdued demand

A weakening trend in base metals overseas also affected prices

Lead down by 0.5% on subdued demand

Press Trust of India New Delhi
Lead prices were down by 0.48% to Rs 113.60 per kg in futures trade today amid subdued spot demand in the domestic market and weak global cues.

At the Multi Commodity Exchange, the September month contract of lead fell by 55 paise or 0.48% to Rs 113.60 per kg in a business turnover of 239 lots.

The October month contract of the metal eased by 35 paise or 0.30% to Rs 114.75 per kg in 11 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 overseas.

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First Published: Sep 10 2015 | 11:22 AM IST

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