Lead marginally down by 0.55% in futures trade

NEW DELHI, Aug 26:  Lead prices were down by 0.55 per cent to Rs 136.20 per kg in futures trade today as speculators reduced their exposures, taking weak cues from the global markets.
Besides, subdued demand at domestic spot markets form battery-makers, weighed on prices.
At the Multi Commodity Exchange, lead for delivery in August traded lower by 75 paise, or 0.55 per cent, to Rs 136.20 per kg, with a turnover of 482 lots.
Futures for delivery in September also shed 60 paise, or 0.44 per cent, to Rs 136.55 per kg in a business turnover of 17 lots.
Market men said off-loading of positions by speculators tracking a weak trend in select base metals overseas, led to a marginal fall in lead futures here. (PTI)


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