Lead marginally down on subdued demand

August contract sheds 0.19%

Tracking a weak trend in spot on subdued demand, prices moved down by 0.19% to Rs 105 per kg in futures trade today as speculators reduced their positions.

At the Multi Commodity Exchange, lead for delivery in August shed 20 paise, or 0.19%, to Rs 105 per kg, with a business turnover of 234 lots.

The September contract weakened by 15 paise, or 0.14%, to Rs 106.10 per kg, with a business turnover of 23 lots.

Marketmen said subdued domestic demand and a weak trend in base metals overseas put pressure on lead prices at futures trade.

image
Business Standard
177 22
Business Standard

Lead marginally down on subdued demand

August contract sheds 0.19%

Press Trust of India  |  New Delhi 



Tracking a weak trend in spot on subdued demand, prices moved down by 0.19% to Rs 105 per kg in futures trade today as speculators reduced their positions.

At the Multi Commodity Exchange, lead for delivery in August shed 20 paise, or 0.19%, to Rs 105 per kg, with a business turnover of 234 lots.

The September contract weakened by 15 paise, or 0.14%, to Rs 106.10 per kg, with a business turnover of 23 lots.

Marketmen said subdued domestic demand and a weak trend in base metals overseas put pressure on lead prices at futures trade.

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Lead marginally down on subdued demand

August contract sheds 0.19%

Tracking a weak trend in spot markets on subdued demand, lead prices moved down by 0.19% to Rs 105 per kg in futures trade today as speculators reduced their positions.

Tracking a weak trend in spot on subdued demand, prices moved down by 0.19% to Rs 105 per kg in futures trade today as speculators reduced their positions.

At the Multi Commodity Exchange, lead for delivery in August shed 20 paise, or 0.19%, to Rs 105 per kg, with a business turnover of 234 lots.

The September contract weakened by 15 paise, or 0.14%, to Rs 106.10 per kg, with a business turnover of 23 lots.

Marketmen said subdued domestic demand and a weak trend in base metals overseas put pressure on lead prices at futures trade.

image
Business Standard
177 22

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