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Lead sheds 0.4% on sluggish demand

Prices shed due to sluggish demand from battery-makers

Press Trust of India New Delhi
Lead futures for April declined 45 paise, or 0.40% to Rs 111.30 per kg in 3,694 lots.

At the Multi Commodity exchange (MCX), the May contract shed 40 paise, or 0.36% to Rs 112.25 per kg in 412 lots.

Prices shed due to sluggish demand from battery-makers in the spot market.

Weak global trend kept pressure on lead futures trade here.

On the London Metal Exchange (LME), lead lost 0.6% to $2,064.50 a tonne.
 

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First Published: Apr 26 2013 | 2:36 PM IST

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