Lead down on subdued demand
Lead prices traded lower by 0.25% to Rs 100.55 per kg in futures trade today on sluggish domestic demand, particularly from battery-makers despite firm global cues.
At the MCX, lead for delivery in June shed 25 paise, or 0.25%, to Rs 100.55 per kg, with a business turnover of 1,782 lots.
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Likewise, the metal for delivery in July traded lower by 20 paise, or 0.19%, to Rs 102.40 per kg in 349 lots.
Marketmen said subdued domestic demand mainly put pressure on the lead futures but firmness at the London Metal Exchange (LME), limited the fall.
Meanwhile, lead rose 0.3% to $1,772.75 per tonne on the LME.