Lead prices fall 0.14 pct in futures trade on profit-booking

At the Multi Commodity Exchange, lead for delivery this month was trading lower by 20 paise, or 0.14 per cent down at Rs 139.55 per kg in a business value of 333 lots.

Lead prices softened 0.14 per cent in futures trade on Tuesday as traders reduced their exposure to book profits.

However, a firm trend in metal in the global market limited the fall.

At the Multi Commodity Exchange, lead for delivery this month was trading lower by 20 paise, or 0.14 per cent down at Rs 139.55 per kg in a business value of 333 lots.

Analysts said apart from profit-booking by traders, a sluggish demand from battery makers in the spot markets led to a fall in lead prices at futures trade.