Lead falls by 0.7% on sluggish demand
A weak global trend in copper and other base metals also affected prices
 "Lead falls by 0.7% on sluggish demand")
Lead prices slipped by 0.67% to Rs 133 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 June fell 90 paise or 0.67% to Rs 133 per kg in a business turnover of 8 lots.
The metal for delivery in May fell by 80 paise or 0.60% to trade at Rs 132.85 per kg in a business volume of 231 lots.
Analysts said besides the sluggish demand from battery-makers in the spot market, a weak trend in copper and other base metals at the London Metal Exchange, led to the fall in lead futures prices here.
At the Multi Commodity exchange, lead for delivery in June fell 90 paise or 0.67% to Rs 133 per kg in a business turnover of 8 lots.
The metal for delivery in May fell by 80 paise or 0.60% to trade at Rs 132.85 per kg in a business volume of 231 lots.
Analysts said besides the sluggish demand from battery-makers in the spot market, a weak trend in copper and other base metals at the London Metal Exchange, led to the fall in lead futures prices here.