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Lead down on subdued demand, weak overseas cues

Weak global trend mainly pulled the metal down

Press Trust of India  |  New Delhi 

prices traded marginally lower by 0.14% to Rs 108.45 per kg in futures trade today owing to subdued demand in the spot market.

At the MCX, for delivery in June month shed 15 paise, or 0.14%, to Rs 108.45 per kg in business turnover of 874 lots.

The May contract traded lower by 5 paise, or 0.05%, to Rs 107.85 per kg in 1,584 lots.

Globally, traded 0.10% lower at $1,923 per tonne.



Market analysts said subdued domestic demand and weakness in metal at the London Metal Exchange (LME) mainly put pressure on prices at futures trade.

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Lead down on subdued demand, weak overseas cues

Weak global trend mainly pulled the metal down

Lead prices traded marginally lower by 0.14% to Rs 108.45 per kg in futures trade today owing to subdued demand in the spot market.

prices traded marginally lower by 0.14% to Rs 108.45 per kg in futures trade today owing to subdued demand in the spot market.

At the MCX, for delivery in June month shed 15 paise, or 0.14%, to Rs 108.45 per kg in business turnover of 874 lots.

The May contract traded lower by 5 paise, or 0.05%, to Rs 107.85 per kg in 1,584 lots.

Globally, traded 0.10% lower at $1,923 per tonne.

Market analysts said subdued domestic demand and weakness in metal at the London Metal Exchange (LME) mainly put pressure on prices at futures trade.

image
Business Standard
177 22

Lead down on subdued demand, weak overseas cues

Weak global trend mainly pulled the metal down

prices traded marginally lower by 0.14% to Rs 108.45 per kg in futures trade today owing to subdued demand in the spot market.

At the MCX, for delivery in June month shed 15 paise, or 0.14%, to Rs 108.45 per kg in business turnover of 874 lots.

The May contract traded lower by 5 paise, or 0.05%, to Rs 107.85 per kg in 1,584 lots.

Globally, traded 0.10% lower at $1,923 per tonne.

Market analysts said subdued domestic demand and weakness in metal at the London Metal Exchange (LME) mainly put pressure on prices at futures trade.

image
Business Standard
177 22