Lead down 1.1% on weak demand
Metal for delivery in December shed 1%
 "Lead down 1.1% on weak demand")
Lead prices fell by 1.19% to Rs 133.15 per kg in futures trade today as speculators reduced their positions, driven by a weak demand in the spot market.
At the Multi Commodity Exchange market, lead for delivery in November fell by Rs 1.60, or 1.19%, to Rs 133.15 per kg in business turnover of 3,930 lots.
Likewise, the metal for delivery in December shed Rs 1.45, or 1.07%, to Rs 134.40 per kg in 164 lots.
Analysts said speculators reduced their positions on the back of a weak demand in the spot market mainly kept pressure on lead prices in futures trade.
At the Multi Commodity Exchange market, lead for delivery in November fell by Rs 1.60, or 1.19%, to Rs 133.15 per kg in business turnover of 3,930 lots.
Likewise, the metal for delivery in December shed Rs 1.45, or 1.07%, to Rs 134.40 per kg in 164 lots.
Analysts said speculators reduced their positions on the back of a weak demand in the spot market mainly kept pressure on lead prices in futures trade.