Lead futures soften by 0.41 pc on profit-booking

NEW DELHI, July 27: Lead prices weakened by 0.41 per cent to Rs 147.35 per kg in futures trade today as speculators booked profits amid easing demand in the spot market.
At the Multi Commodity Exchange, lead for delivery in July declined by 60 paise, or 0.41 per cent, to Rs 147.35 per kg in a business turnover of 268 lots.
Likewise, the metal for delivery in August shed 40 paise, or 0.27 per cent, to Rs 148.50 per kg in 14 lots.
Analysts said besides profit-booking by participants at existing levels, fall in demand from battery-makers in the physical market, mainly weighed on lead prices at futures trade. (PTI)


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