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Lead futures slide 0.14 per cent on low demand, profit-booking

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Press Trust of India New Delhi

Lead prices softened 0.14 per cent in futures trade on Tuesday as traders reduced their exposure to book profits.

However, a firm trend in metal in global market, limited the fall.

At the Multi Commodity Exchange, lead for delivery this month was trading lower by 20 paise, or 0.14 per cent down

at Rs 139.55 per kg in a business value of 333 lots.

Analsyts said apart from profit-booking by traders, a sluggish demand from battery makers in the spot markets led to a fall in lead prices at futures trade.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Nov 13 2018 | 11:30 AM IST

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