You are here: Home » PTI Stories » National » News
Business Standard

Lead futures shed 1.34 pc on muted demand

Press Trust of India  |  New Delhi 

Lead prices were down 1.34 per cent to Rs 158.85 per kg amid muted domestic demand in futures trading today as participants trimmed their exposure along with a weak trend in base metals overseas.

Lead for November declined by Rs 2.15 or 1.34 per cent to Rs 158.85 per kg in a business turnover of 179 lots.



Similarly, the metal for delivery in December shed Rs 2.05 or 1.27 per cent to Rs 159.20 per kg in 91 lots.

Marketmen said the fall in lead futures was triggered by a weak trend at the domestic spot markets due to sluggish demand from consuming industries, particularly battery-makers and squaring up of positions by participants, today being the last day of the November series.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Lead futures shed 1.34 pc on muted demand

Lead prices were down 1.34 per cent to Rs 158.85 per kg amid muted domestic demand in futures trading today as participants trimmed their exposure along with a weak trend in base metals overseas. Lead for November declined by Rs 2.15 or 1.34 per cent to Rs 158.85 per kg in a business turnover of 179 lots. Similarly, the metal for delivery in December shed Rs 2.05 or 1.27 per cent to Rs 159.20 per kg in 91 lots. Marketmen said the fall in lead futures was triggered by a weak trend at the domestic spot markets due to sluggish demand from consuming industries, particularly battery-makers and squaring up of positions by participants, today being the last day of the November series. Lead prices were down 1.34 per cent to Rs 158.85 per kg amid muted domestic demand in futures trading today as participants trimmed their exposure along with a weak trend in base metals overseas.

Lead for November declined by Rs 2.15 or 1.34 per cent to Rs 158.85 per kg in a business turnover of 179 lots.

Similarly, the metal for delivery in December shed Rs 2.05 or 1.27 per cent to Rs 159.20 per kg in 91 lots.

Marketmen said the fall in lead futures was triggered by a weak trend at the domestic spot markets due to sluggish demand from consuming industries, particularly battery-makers and squaring up of positions by participants, today being the last day of the November series.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Lead futures shed 1.34 pc on muted demand

Lead prices were down 1.34 per cent to Rs 158.85 per kg amid muted domestic demand in futures trading today as participants trimmed their exposure along with a weak trend in base metals overseas.

Lead for November declined by Rs 2.15 or 1.34 per cent to Rs 158.85 per kg in a business turnover of 179 lots.

Similarly, the metal for delivery in December shed Rs 2.05 or 1.27 per cent to Rs 159.20 per kg in 91 lots.

Marketmen said the fall in lead futures was triggered by a weak trend at the domestic spot markets due to sluggish demand from consuming industries, particularly battery-makers and squaring up of positions by participants, today being the last day of the November series.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard