 "Lead down 0.5% on subdued spot demand")
Lead prices fell by 0.47% to Rs 115.40 per kg in futures trade today as speculators reduced exposures on subdued spot demand and a weak trend in the Asian region.
At the Multi Commodity Exchange (MCX), the June contract fell by 55 paise, or 0.47%, to Rs 115.40 per kg in 187 lots.
The May contract fell by 45 paise, or 0.39%, to Rs 115.05 per kg in 1,404 kits.
Marketmen said a weak trend in the domestic spot markets due to subdued demand from battery makers and weakness in copper and other base metals at the Shanghai Futures Exchange (SFEX) on demand concerns mainly put pressure on lead futures here.
At the Multi Commodity Exchange (MCX), the June contract fell by 55 paise, or 0.47%, to Rs 115.40 per kg in 187 lots.
The May contract fell by 45 paise, or 0.39%, to Rs 115.05 per kg in 1,404 kits.
Marketmen said a weak trend in the domestic spot markets due to subdued demand from battery makers and weakness in copper and other base metals at the Shanghai Futures Exchange (SFEX) on demand concerns mainly put pressure on lead futures here.
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