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Lead falls by 0.7% on sluggish demand

A weak global trend in copper and other base metals also affected prices

Press Trust of India New Delhi
Lead prices slipped by 0.67% to Rs 133 per kg in futures trading today due to sluggish demand from battery-makers in the spot market amid a weak global trend.

At the Multi Commodity exchange, lead for delivery in June fell 90 paise or 0.67% to Rs 133 per kg in a business turnover of 8 lots.

The metal for delivery in May fell by 80 paise or 0.60% to trade at Rs 132.85 per kg in a business volume of 231 lots.

Analysts said besides the sluggish demand from battery-makers in the spot market, a weak trend in copper and other base metals at the London Metal Exchange, led to the fall in lead futures prices here.

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First Published: May 07 2015 | 11:13 AM IST

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