NEW DELHI, Mar 20: Lead prices eased by 0.51 per cent to Rs 128 per kg in futures trade today after speculators reduced their exposures amid a weak trend overseas and subdued demand at spot markets.
At the Multi Commodity Exchange, lead for delivery in April fell 65 paise, or 0.51 per cent, to Rs 128 per kg in business turnover of 24 lots.
On similar lines, the metal for delivery in March shed 60 paise, or 0.47 per cent, to Rs 126.80 per kg in 516 lots.
Marketmen said a weak trend in base metals at the London Metal Exchange (LME) on speculation that global demand will slow as US Federal Reserve policy makers signaled a rise in interest rates by next year and low demand from domestic battery-makers, mainly attributed fall in lead futures pries. (AGENCIES)
Follow our WhatsApp channel