Lead futures shed 0.25%, hurt by muted demand

Lead prices were down 0.25 per cent to Rs 139.35 per kg amid bearish global trend and muted domestic demand in futures trading today as participants trimmed their exposure.
Lead for delivery in April declined by 35 paise, or 0.25 per cent, to Rs 139.35 per kg, in a business turnover of 329 lots.
Similarly, the metal for delivery in May shed 30 paise, or 0.21 per cent, to Rs 139.75 per kg in nine lots.
Marketmen said the fall in lead futures was due to a weak trend at the domestic physical markets on sluggish demand from battery-makers.