Lead futures prices fell by 0.37 per cent, to Rs 107.95 per kg today, after speculators booked profits at prevailing prices.
Subdued demand in domestic markets also kept pressure on the lead futures.
At the Multi Commodity Exchange counter, lead for delivery in October weakened by 40 paise, or 0.37 per cent, to Rs 107.95 per kg, clocking in a business turnover of 987 lots.
The metal for delivery in November also traded 35 paise, or 0.32 per cent down, to Rs 108.80 per kg, with a business turnover of 75 lots.
Market analysts attributed the fall in lead futures to profit booking by speculators and firming dollar, which reduced demand for base metals and other commodities.
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 →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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