 "Lead falls by 0.3% on low demand")
Lead prices fell by 0.24% to Rs 127.10 per kg in futures trading today as speculators trimmed positions on lower demand from battery-makers in spot markets.
At the Multi Commodity exchange, lead for delivery in November declined by 30 paise, or 0.24%, to Rs 127.10 per kg in a business turnover of 209 lots.
Similarly, the metal for delivery in December traded lower by 10 paise, or 0.08%, to Rs 128.15 in 50 lots.
Market analysts said subdued demand from battery-makers in the spot market and metal's weakness at the London Metal Exchange, put pressure on lead prices at futures trade.
At the Multi Commodity exchange, lead for delivery in November declined by 30 paise, or 0.24%, to Rs 127.10 per kg in a business turnover of 209 lots.
Similarly, the metal for delivery in December traded lower by 10 paise, or 0.08%, to Rs 128.15 in 50 lots.
Market analysts said subdued demand from battery-makers in the spot market and metal's weakness at the London Metal Exchange, put pressure on lead prices at futures trade.
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