NEW DELHI, Mar 4: Tracking a weak trend overseas and subdued domestic demand, lead futures fell 0.32 per cent to Rs 130.85 per kg in today after participants reduced exposures.
At the Multi Commodity exchange, lead for delivery in March shed 50 paise, or 0.32 per cent, to Rs 130.85 per kg in a business turnover of 253 lots.
Metal prices for delivery in April also fell by 40 paise, or 0.30 per cent, to trade at Rs 132.05 per kg in three lots.
Market analysts said besides subdued demand from battery-makers in the domestic spot market, a weak trend in base metals at the London Metal Exchange on slowing growth in China, the world’s biggest user, led to a fall in lead futures prices here. (AGENCIES)
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