Lead futures shed 0.28% on sluggish spot demand

NEW DELHI, Nov 7:  Lead prices fell 0.28 per cent to Rs 124.80 per kg in futures trade today after participants reduced holdings due to sluggish demand in the spot market.
At the Multi Commodity Exchange, lead for delivery in December declined by 35 paise, or 0.28 per cent, to Rs 124.80 per kg in a business turnover of 27 lots.
Similarly, the metal for delivery in November shed 25 paise, or 0.20 per cent, to Rs 123.85 per kg in 783 lots.
Market analysts attributed the weakness in lead futures to subdued demand from battery makers and other consuming industries in the spot market. (PTI)