Lead softens 0.8% on profit-booking

Lead futures for March fell Rs 1.05, or 0.84%, to Rs 124.60 per kg in 1,648 lots.

At the Multi Commodity Exchange (MCX), the February contract shed Re 1, or 0.80%, to Rs 124.10 per kg in 7,983 lots.

Prices fell due to profit-booking by speculators at prevailing levels.

However, a firming trend in metal at the London Metal Exchange (LME) limited the fall in prices.


Globally lead advanced 0.1% to $2,305 a tonne.