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Lead down 0.35% on low domestic demand

Metal for delivery in May too shed 40 paise, or 0.35%, at Rs 114.45 per kg in eight lots

Lead down 0.35% on low domestic demand

Press Trust of India New Delhi
Lead fell 0.35% to Rs 113.60 per kg in futures trade today after participants reduced exposure amid sluggish domestic demand.

At the Multi Commodity Exchange, lead for delivery in April was trading 40 paise, or 0.35% down, at Rs 113.60 per kg, in a business turnover of 367 lots.

Metal for delivery in May too shed 40 paise, or 0.35%, at Rs 114.45 per kg in eight lots.

Analysts said muted demand from battery-makers in the domestic spot market, weighed on lead futures.

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First Published: Apr 18 2016 | 12:28 PM IST

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