NEW DELHI, Dec 19: Lead futures fell further by 0.32 per cent to Rs 126.05 per kg today after speculators booked profits amid subdued domestic demand and weakness in base metals at the London Metal Exchange.
At the Multi Commodity Exchange, lead for delivery in December fell by 40 paise, or 0.32 per cent, to Rs 126.05 per kg, with a business turnover of 2,259 lots.
The metal for delivery in January next also fell by similar margin to Rs 126.35 in a business turnover of 354 lots.
The fall in lead prices at futures trade was mostly in line with a weakening trend in the entire base metals pack at the London Metal Exchange after copper’s inventories soared to a nine-month high.
Besides, subdued domestic demand also put pressure on metal prices, they said. (PTI)
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