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Lead futures slide on tepid demand

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Press Trust of India New Delhi

Lead prices on Tuesday drifted lower by 2.63 per cent to Rs 148.05 per kg in futures trade as speculators cut bets on low demand.

On the Multi Commodity Exchange, lead for delivery in May fell by Rs 4, or 2.63 per cent, to Rs 148.05 per kg in one lot.

Analysts said off-loading of positions by participants owing to slackened demand from consuming industries in physical market mainly exerted pressure on lead prices here.

 

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First Published: Jan 07 2020 | 1:20 PM IST

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