 "Lead down by 0.5% on subdued spot demand")
Lead prices eased by 0.49% to Rs 130.80 per kg in futures trade today after speculators reduced their exposures triggered by subdued spot demand and a weak trend in global markets.
At the Multi Commodity Exchange, lead for delivery in April fell 65 paise, or 0.49%, to Rs 130.80 per kg in business turnover of 30 lots.
Likewise, the metal for delivery in March shed 55 paise, or 0.42%, to Rs 129.65 per kg in 713 lots.
Marketmen said besides a weakening trend in the entire base metals pack at the London Metal Exchange, sluggish demand at the domestic spot markets, attributed fall in lead prices at futures trade here.
At the Multi Commodity Exchange, lead for delivery in April fell 65 paise, or 0.49%, to Rs 130.80 per kg in business turnover of 30 lots.
Likewise, the metal for delivery in March shed 55 paise, or 0.42%, to Rs 129.65 per kg in 713 lots.
Marketmen said besides a weakening trend in the entire base metals pack at the London Metal Exchange, sluggish demand at the domestic spot markets, attributed fall in lead prices at futures trade here.
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