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Lead prices shed 0.23% to Rs 128.95 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 January declined 30 paise, or 0.23%, to Rs 128.95 per kg in business turnover of 10 lots.
Similarly, the December contract is down 25 paise, or 0.20%, to Rs 127.75 per kg in 209 lots.
Market analysts said besides sluggish demand from battery-makers in the spot market amid a weak trend in base metals overseas on concerns the US Federal Reserve may start trimming its stimulus sonner than estimated, mainly kept pressure on lead prices at futures trade.
