 "Lead falls by 0.1% on sluggish demand")
Lead prices fell 0.13% to Rs 114.10 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 this month eased by 15 paise, or 0.13%, to Rs 114.10 per kg in a business turnover of 478 lots.
Metal for delivery in February shed five paise, or 0.04%, to Rs 114.90 per kg in three lots.
Market analysts said besides sluggish demand from battery-makers in the spot market amid a weak trend in base metals overseas, continued speculation that China's economic slowdown and financial market volatility will roil metals markets, mainly kept pressure on lead prices at the futures trade.
At the Multi Commodity exchange, lead for delivery this month eased by 15 paise, or 0.13%, to Rs 114.10 per kg in a business turnover of 478 lots.
Metal for delivery in February shed five paise, or 0.04%, to Rs 114.90 per kg in three lots.
Market analysts said besides sluggish demand from battery-makers in the spot market amid a weak trend in base metals overseas, continued speculation that China's economic slowdown and financial market volatility will roil metals markets, mainly kept pressure on lead prices at the futures trade.
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