Lead prices slipped 0.91 per cent to Rs 146.30 per kg in futures market Tuesday as speculators cut down their positions, taking negative cues from spot market on sluggish demand.
At the Multi Commodity Exchange, lead for delivery in October declined by Rs 1.35, or 0.91 per cent, to Rs 146.30 per kg in business turnover of 19 lots.
Similarly, the metal for delivery in September contracts lost Rs 1.25, or 0.85 per cent, to Rs 145.15 per kg in 873 lots.
Analysts said offloading of positions by traders owing to slackened demand from battery makers in the physical market, weighed on lead prices in futures trade.
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