NEW DELHI, Oct 23: Lead prices fell 0.52 per cent to Rs 134.40 per kg in futures trading today largely in tandem with a weak trend overseas amid subdued spot demand.
At the Multi Commodity exchange, lead for delivery in November declined 70 paise, or 0.52 per cent, to Rs 134.40 per kg in business turnover of 24 lots.
Similarly, the metal for delivery in the October contracts shed 55 paise, or 0.41 per cent, to Rs 133.10 per kg in 518 lots.
Market analysts said a weak trend in copper and other base metals in the global market after US payrolls rose less than forecast, curbing demand prospects for industrial metals in the world’s largest economy, weighed on prices.
Besides, subdued demand in the domestic spot markets from battery-makers also influenced prices, they said. (PTI)
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