Business Standard

Lead futures soften by 0.48% on low demand

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Press Trust of India New Delhi
Lead prices eased by 0.48 cent to Rs 155.55 per kg in futures market today as investors reduced exposure amid weak demand in the spot market.
At the Multi Commodity Exchange, lead for delivery in March declined by 75 paise, or 0.48 per cent to Rs 155.55 per kg in business turnover of 396 lots.
Similarly, the metal was trading lower by 65 paise, or 0.41 per cent to Rs 156 per kg in 139 lots.
Analysts said offloading of positions by participants owing to tepid demand from battery-makers in the spot market led to the slide in lead prices in futures trade.

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First Published: Mar 28 2018 | 11:50 AM IST

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