 "Lead down 0.6% on global trends")
Lead prices eased by 0.61% to Rs 114.85 per kg in futures trade today as speculators reduced exposures, taking weak cues from the global markets on demand concern.
At the Multi Commodity Exchange (MCX), the May contract fell by 70 paise, or 0.61%, to Rs 114.85 per kg in 990 lots.
The June contract fell by 60 paise, or 0.52%, to Rs 115.40 per kg in 111 lots.
Marketmen said a weak trend in the entire base metals at the London Metal Exchange (LME) on concern slowing growth in China, worlds' largest consumer of industrial metals, may hurt demand mainly put pressure on lead futures here.
At the Multi Commodity Exchange (MCX), the May contract fell by 70 paise, or 0.61%, to Rs 114.85 per kg in 990 lots.
The June contract fell by 60 paise, or 0.52%, to Rs 115.40 per kg in 111 lots.
Marketmen said a weak trend in the entire base metals at the London Metal Exchange (LME) on concern slowing growth in China, worlds' largest consumer of industrial metals, may hurt demand mainly put pressure on lead futures here.
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