 "Lead down 0.4% on subdued spot demand")
Lead prices eased by 0.36% to Rs 111.45 per kg in futures trade today as speculators reduced their exposures amid a weak trend overseas and subdued spot demand.
Lead futures for April fell 40 paise, or 0.36%, to Rs 111.45 per kg in 1,436 lots.
At the Multi Commodity Exchange (MCX), the May contract shed 35 paise, or 0.31%, to Rs 112.15 per kg in 66 lots.
Weak trend in base metals at the London Metal Exchange (LME) after worse-than-estimated US economic data spurred concern that growth is slowing in the world's second-biggest user affected the lead futures trade here.
At LME, lead declined 0.5% to $2,039.50 per tonne.
Lead futures for April fell 40 paise, or 0.36%, to Rs 111.45 per kg in 1,436 lots.
At the Multi Commodity Exchange (MCX), the May contract shed 35 paise, or 0.31%, to Rs 112.15 per kg in 66 lots.
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Subdued demand from battery-makers, led to the fall in lead futures pries.
Weak trend in base metals at the London Metal Exchange (LME) after worse-than-estimated US economic data spurred concern that growth is slowing in the world's second-biggest user affected the lead futures trade here.
At LME, lead declined 0.5% to $2,039.50 per tonne.
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