 "Lead edges down by 0.77% on weak global cues")
Lead futures for April shed 85 paise, or 0.77%, to Rs 110.20 per kg in 5,907 lots.
At the Multi Commodity Exchange (MCX), the May contract fell by 80 paise, or 0.74% to Rs 107.30 per kg in 432 lots.
Prices edged lower after speculators reduced their exposures amid subdued domestic demand.
Weak trend in base metals at the the London Metal Exchange (LME) on demand concerns after data that showed manufacturing growth was slowing in China, world's biggest user of metals, put pressure on lead futures here.
At LME, lead lost 0.6% to $1,998 a tonne.
At the Multi Commodity Exchange (MCX), the May contract fell by 80 paise, or 0.74% to Rs 107.30 per kg in 432 lots.
Prices edged lower after speculators reduced their exposures amid subdued domestic demand.
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amid a weak trend in the entire base metals overseas and subdued spot demand.
Weak trend in base metals at the the London Metal Exchange (LME) on demand concerns after data that showed manufacturing growth was slowing in China, world's biggest user of metals, put pressure on lead futures here.
At LME, lead lost 0.6% to $1,998 a tonne.