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Lead futures slip 0.19% on subdued spot demand

Press Trust of India  |  New Delhi 

Lead prices eased by 0.19 per cent to Rs 156.15 per kg in futures trade today, in tandem with a weakening trend in base metals at the domestic spot markets due to muted demand.

At the Multi Commodity Exchange, lead for delivery in April was trading 30 paise, or 0.19 per cent, down at Rs 144.65 per kg in a business turnover of 228 lots.

Marketmen said a weak trend in select base metals at the domestic spot market due to slackened demand from consuming industries kept pressure on lead futures here.

Besides, weakness in select base metals at the (LME) amid global trade war fears, too, hurt sentiments here.

At the LME, lead traded 0.5 per cent down.

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

First Published: Wed, April 04 2018. 11:00 IST
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