 "Lead down 0.9% on global cues, subdued demand")
Don't want to miss the best from Business Standard?
Lead prices edged lower by 0.93% to Rs 127.85 per kg in futures trade today, after speculators trimmed exposures amid a weak trend in the entire base metals overseas and subdued spot demand.
At the Multi Commodity exchange, lead for delivery in April shed Rs 1.20, or 0.93%, to Rs 127.85 per kg in business turnover of 57 lots.
Likewise, the metal for delivery in March declined by Rs 1.05, or 0.82%, to Rs 126.70 per kg in a turnover of 836 lots.
Market analysts a weak trend in copper and other base metals at the London Metal Exchange (LME)as weak Chinese trade data raised demand concern and a subdued trend at domestic spot markets, mainly put pressure on the lead prices at futures trade.
At the Multi Commodity exchange, lead for delivery in April shed Rs 1.20, or 0.93%, to Rs 127.85 per kg in business turnover of 57 lots.
Likewise, the metal for delivery in March declined by Rs 1.05, or 0.82%, to Rs 126.70 per kg in a turnover of 836 lots.
Market analysts a weak trend in copper and other base metals at the London Metal Exchange (LME)as weak Chinese trade data raised demand concern and a subdued trend at domestic spot markets, mainly put pressure on the lead prices at futures trade.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%