 "Lead down 0.2% on overseas cues, subdued spot demand")
Lead prices eased by 0.26% to Rs 134.40 per kg in futures trade today as speculators reduced their exposures amid a weak trend overseas and subdued spot demand.
At the Multi Commodity Exchange, lead for delivery in January fell 35 paise, or 0.26%, to Rs 134.40 per kg in a business turnover of 14 lots.
On similar lines, the metal for delivery in December shed 30 paise, or 0.22%, to Rs 133.25 per kg in 219 lots.
Marketmen said a weak trend in base metals at the London Metal Exchange (LME) after manufacturing data for China missed estimates and subdued domestic demand mainly led to fall in lead futures prices.
At the Multi Commodity Exchange, lead for delivery in January fell 35 paise, or 0.26%, to Rs 134.40 per kg in a business turnover of 14 lots.
On similar lines, the metal for delivery in December shed 30 paise, or 0.22%, to Rs 133.25 per kg in 219 lots.
Marketmen said a weak trend in base metals at the London Metal Exchange (LME) after manufacturing data for China missed estimates and subdued domestic demand mainly led to fall in lead futures prices.
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