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Lead futures marginally down on global cues

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Press Trust of India New Delhi
Lead futures traded a shade lower at Rs 115.10 per kg trade today in tandem with a weakening trend in base metals at the London Metal Exchange (LME).

At the Multi Commodity Exchange, lead for delivery in April was trading 10 paise or 0.09 per cent down at Rs 115.10 per kg in a business turnover of 85 lots.

The metal for delivery this month (March) also fell by 5 paise or 0.04 per cent to Rs 113.95 per kg with a business volume of 312 lots.

Marketmen said a weak trend in base metals at the LME as China demand growth slowed, and subdued demand from battery-makers at domestic markets, mainly kept pressure on lead futures here.

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First Published: Mar 31 2016 | 11:57 AM IST

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