NEW DELHI, Feb 24: Lead prices eased by 0.49 per cent to Rs 131.50 per kg in futures trade today after speculators reduced exposures amid subdued domestic demand and a weak trend at the London Metal Exchange.
At the Multi Commodity Exchange, lead for delivery in February fell 65 paise, or 0.49 per cent, to Rs 131.50 per kg in business turnover of 105 lots.
Also, the metal for delivery in March shed 40 paise, or 0.45 per cent, to Rs 132.65 per kg in 12 lots.
Marketmen said the fall in lead futures prices was attributed to a weak trend in copper and other base metals at the London Metal Exchange on China’s slowing consumption and low demand from domestic battery-makers. (AGENCIES)
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