Business Standard

Lead futures down 0.43 pc on subdued spot demand

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Press Trust of India New Delhi
Lead eased by 0.43 per cent to Rs 149.75 per kg in futures trade today in tandem with a weakening trend in base metals at the domestic spot markets.

At the Multi Commodity Exchange, lead for delivery in March was trading 65 paise down, or 0.43 per cent lower at Rs 149.75 per kg in a business turnover of 443 lots.

The metal for delivery May also fell by a similar margin to trade at Rs 150.15 per kg with a business volume of one lot.

Marketmen said, a weak trend in select base metals due to muted demand from battery-makers, mainly kept pressure on lead futures here.

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First Published: Mar 10 2017 | 11:32 AM IST

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