 "Lead softens by 0.2% on global cues")
Lead prices were down by 0.22% to Rs 135.10 per kg in futures trading today largely in tune with a weak trend in base metals at the London Metal Exchange amidst subdued demand from battery-makers in the domestic spot market.
In futures trading at the Multi Commodity Exchange, lead for delivery in May declined by 30 paise, or 0.22%, to Rs 135.10 per kg in a business turnover of 134 lots.
Analysts said weakness in copper and other base metals at the London Metal Exchange and subdued demand from battery-makers and other consuming industries in the spot market mainly kept pressure on lead prices at futures trade.
In futures trading at the Multi Commodity Exchange, lead for delivery in May declined by 30 paise, or 0.22%, to Rs 135.10 per kg in a business turnover of 134 lots.
Analysts said weakness in copper and other base metals at the London Metal Exchange and subdued demand from battery-makers and other consuming industries in the spot market mainly kept pressure on lead prices at futures trade.