 "Lead down by 0.7% on global cues")
Lead prices eased by 0.71% to Rs 118.10 per kg in futures trade today as speculators reduced exposures amid a weak trend in base metals in global markets and subdued domestic demand.
At the Multi Commodity Exchange, lead for delivery in December shed 75 paise, or 0.71%, to Rs 118.10 per kg in a business turnover of 1,160 lots.
On similar lines, the metal for delivery in January next year shed 80 paise, or 0.67%, to Rs 119.35 per kg in 76 lots.
Marketmen said a weak trend in base metals overseas and subdued demand at spot markets led to the fall in lead futures.
At the Multi Commodity Exchange, lead for delivery in December shed 75 paise, or 0.71%, to Rs 118.10 per kg in a business turnover of 1,160 lots.
On similar lines, the metal for delivery in January next year shed 80 paise, or 0.67%, to Rs 119.35 per kg in 76 lots.
Marketmen said a weak trend in base metals overseas and subdued demand at spot markets led to the fall in lead futures.