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Lead futures drift lower on soft demand

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Press Trust of India New Delhi

Lead prices on Tuesday drifted 0.20 per cent lower to Rs 152.05 per kg in futures market as speculators cut bets on low demand.

On the Multi Commodity Exchange, lead for delivery in December fell by 30 paise, or 0.20 per cent, to Rs 152.05 per kg in 710 lots.

Analysts said offloading of positions by participants owing to slackened demand from consuming industries in physical market mainly influenced lead prices in futures trade.

 

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First Published: Dec 03 2019 | 12:55 PM IST

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