NEW DELHI, Oct 31: Taking cues from global markets and subdued demand from domestic consuming industries, lead prices eased by 0.41 per cent to Rs 133.45 per kg in futures trade today as speculators reduced exposures.
At the Multi Commodity Exchange, lead for delivery in October fell 55 paise, or 0.41 per cent, to Rs 133.45 per kg in business turnover of 220 lots.
On similar lines, the metal for delivery in November shed 50 paise, or 0.37 per cent, to Rs 134.50 per kg in 76 lots.
Marketmen said a weak trend in base metals at the London Metal Exchange (LME) on speculation that the Federal Reserve may start tapering stimulus sooner than previously forecast and subdued demand from battery-makers mainly led to fall in lead futures pries. (PTI)
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