Lead sheds 0.4% on sluggish demand

Lead futures for May declined 45 paise, or 0.41%, to Rs 109.15 per kg in 2,539 lots.

At the Multi Commodity exchange (MCX), the June contract went down 40 paise, or 0.36%, to Rs 109.85 per kg in 1,560 lots.

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

Weak global trend mainly kept pressure on lead prices at futures trade.

On the London Metal Exchange (LME), lead traded a shade lower at $2,013 a tonne.