 "Lead declines 0.18% as demand slackens")
Lead prices weakened 0.18 per cent to Rs 113.60 per kg in futures trade today as speculators cut down their bets prompted by subdued demand in the spot market.
At Multi Commodity Exchange, lead for delivery in current month was trading down by 20 paise, of 0.18 per cent at Rs 113.60 per kg in a business turnover of 513 lots.
Metal for delivery in January 2016 contracts shed 20 paise or 0.17 per cent to trade at Rs 114.25 per kg in 8 lots.
In the international market, lead fell at least 0.3 per cent at the London Metal Exchange.
At Multi Commodity Exchange, lead for delivery in current month was trading down by 20 paise, of 0.18 per cent at Rs 113.60 per kg in a business turnover of 513 lots.
Metal for delivery in January 2016 contracts shed 20 paise or 0.17 per cent to trade at Rs 114.25 per kg in 8 lots.
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Market analysts said apart from slakened demand from battery-makers in the spot markets, metal's weakness at the London Metal Exchange, weighed on lead futures prices here.
In the international market, lead fell at least 0.3 per cent at the London Metal Exchange.
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