NEW DELHI, May 14: Lead prices eased by 0.64 per cent to Rs 109.35 per kg in futures trade today as speculators reduced exposures amid subdued spot demand.
However, metal’s gain at the London Metal Exchange limited the fall.
At the Multi Commodity Exchange, lead for delivery in May fell by 70 paise, or 0.64 per cent, to Rs 109.35 per kg in business turnover of 674 lots.
The metal for delivery in June also fell by 70 paise, or 0.63 per cent, to Rs 110 per kg with a business volume of 35 kits.
Marketmen said a weak trend in the domestic spot markets due to subdued demand mainly put pressure on lead futures here but a firming trend in metal at the London Metal Exchange (LME), restricted fall.
At the LME, lead gained 0.7 per cent to USD 2,008 per tonne. (PTI)
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