Business Standard

Lead futures slip 0.21% on weak spot cues


Press Trust of India New Delhi
Lead prices softened by 0.21 per cent to Rs 145.70 per kg in futures market today as speculators trimmed their positions, taking negative cues from spot market on subdued demand.
At the Multi Commodity Exchange, lead for delivery in July shed 30 paise, or 0.21 per cent, to Rs 145.70 per kg in a business turnover of 249 lots.
Likewise, the metal for delivery in August was trading lower by 30 paise, or 0.20 per cent, to Rs 146.85 per kg in 48 lots.
Analysts said cutting down of positions by participants due to sluggish demand from consuming industries in the physical market influenced lead prices in futures trade.

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First Published: Jul 30 2018 | 12:30 PM IST

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