 "Lead futures down on global cues, subdued domestic demand")
Lead prices eased by 0.65 per cent to Rs 115.05 per kg in futures trade on Friday as speculators reduced exposures amid a weak trend in base metal in global markets and subdued domestic demand.
At the Multi Commodity Exchange, lead for delivery in March shed 75 paise, or 0.65 per cent, to Rs 115.05 per kg in a business turnover of 371 lots.
On similar lines, the metal for delivery in April shed 70 paise, or 0.64 per cent, to Rs 115.70 per kg in 73 lots.
Marketmen said a weak trend in select base metals overseas and a low demand from battery-makers at spot markets led to the fall in lead futures.
At the Multi Commodity Exchange, lead for delivery in March shed 75 paise, or 0.65 per cent, to Rs 115.05 per kg in a business turnover of 371 lots.
On similar lines, the metal for delivery in April shed 70 paise, or 0.64 per cent, to Rs 115.70 per kg in 73 lots.
Marketmen said a weak trend in select base metals overseas and a low demand from battery-makers at spot markets led to the fall in lead futures.
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