Market and product
Lead falls by 0.4% on low demand
At the Multi Commodity exchange, lead for delivery in February declined by 45 paise, or 0.39%, to Rs 114.85 per kg in a business turnover of 140 lots.
On similar lines, the metal for delivery in January traded lower by 35 paise, or 0.31%, to Rs 113.75 per kg in 131 lots.
Market analysts said besides subdued demand from battery makers in the spot market, weakness in base metals at the LME ahead of this weekend's release of manufacturing data from China, the biggest metals consumer, led to the fall in lead prices in futures trade here.
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