NEW DELHI, Dec 31: Lead prices weakened by 0.72 per cent to Rs 138 per kg in futures trade today as speculators indulged in squaring-up of positions in view of ending settlement amid a weak global trend.
At the Multi Commodity Exchange, lead for delivery in January weakened by Re one, or 0.72 per cent, to Rs 138 per kg in business turnover of 378 lots.
Similarly, the metal for delivery in December traded lower by 90 paise, or 0.65 per cent to Rs 136.70 per kg in 268 lots.
Market analysts attributed the fall in lead futures to squaring up of positions in view of monthly settlement and a weak global trend. (PTI)
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