Business Standard

Lead futures down 0.76% on global cues

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Press Trust of India New Delhi

Lead prices declined by 0.76 per cent to Rs 110.95 per kg in futures trade today as speculators offloaded their positions amid a weak overseas trend.  

At the Multi Commodity Exchange, lead for delivery in April eased by 85 paise, or 0.76 per cent, to Rs 110.95 per kg, with a business turnover of 125 lots. "

Likewise, the metal for delivery in March shed 80 paise, or 0.72 per cent, to Rs 110.60 per kg, with business volume of 1,907 lots.    

Market analysts said a weak trend in the copper and other base metals mainly kept pressure on the lead futures prices here.

 

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First Published: Mar 14 2011 | 1:34 PM IST

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