Lead falls by 0.1% on sluggish demand
A weak trend in metal at the London Metal Exchange also kept pressure on the prices
 "Lead falls by 0.1% on sluggish demand")
Lead prices slipped by 0.09% to Rs 111.15 per kg in futures trading today due to sluggish demand from battery-makers in the spot market amid a weak global trend.
At the Multi Commodity exchange, lead for delivery in March fell by 10 paise, or 0.09%, to Rs 111.15 per kg in a business turnover of 279 lots.
The metal for delivery in May contracts also fell by a similar margin to trade at Rs 112 per kg in two lots.
Marketmen said besides the sluggish demand from battery-makers in the spot market, a weak trend in metal at the London Metal Exchange, kept pressure on lead prices at futures trade.
At the Multi Commodity exchange, lead for delivery in March fell by 10 paise, or 0.09%, to Rs 111.15 per kg in a business turnover of 279 lots.
The metal for delivery in May contracts also fell by a similar margin to trade at Rs 112 per kg in two lots.
Marketmen said besides the sluggish demand from battery-makers in the spot market, a weak trend in metal at the London Metal Exchange, kept pressure on lead prices at futures trade.