Business Standard

Lead futures down 0.85% hurts by low demand

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Press Trust of India New Delhi
Lead prices eased by 0.85 per cent to Rs 133.75 per kg in futures market today as traders trimmed their positions amid subdued demand in the futures markets today.

At the Multi Commodity Exchange,lead for delivery in May traded lower by Rs 1.15, or 0.85 per cent to Rs 133.75 per kg in business turnover of 255 lots.

Likewise, the metal for delivery in far-month June contracts shed Rs 1.10, or 0.81 per cent to Rs 134.80 per kg in 3 lots.

Analysts attributed the fall in lead futures to offloading of positions by participants on the back of sluggish demand from consuming industries.

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First Published: May 24 2017 | 10:57 AM IST

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