NEW DELHI, Dec 2: Lead prices eased by 0.55 per cent to Rs 127.35 per kg in futures trade today in tandem with a weakening trend in base metals at the London Metal Exchange (LME).
At the Multi Commodity Exchange, lead for delivery this month eased by 70 paise, or 0.55 per cent, to Rs 127.35 per kg in a business turnover of 383 lots.
The metal for delivery in January next year also fell by 60 paise, or 0.47 per cent, to Rs 128 per kg with a business volume of 17 lots.
Marketmen said a weak trend in base metals pack at the LME after a gauge of manufacturing strength fell to an eight-month low in China, the largest consumer of metals, and subdued demand from battery-makers at domestic markets, mainly kept pressure on lead futures here. (PTI)
Follow our WhatsApp channel