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Lead down 0.1% on low demand

Analysts said the fall in lead prices at futures trade was mostly due to low demand from battery-makers at spot markets

Press Trust of India New Delhi
Lead prices fell 0.09% to Rs 116.35 per kg in futures trade today due to subdued demand from battery makers in the spot market.

At the Multi Commodity exchange, lead for delivery in January shed 10 paise, or 0.09%, to Rs 116.35 per kg in a business turnover of 850 lots.

Similarly, the metal for delivery in February traded lower by a similar margin to Rs 117.50 per kg in 38 lots.

Analysts said the fall in lead prices at futures trade was mostly due to low demand from battery-makers at spot markets.

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First Published: Jan 08 2015 | 1:28 PM IST

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