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Lead futures drift lower on soft demand

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.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, December 03 2019. 12:55 IST