Lead futures down 0.13% on subdued demand

Lead futures were trading lower during the late morning trade in the domestic market on Tuesday amid subdued demand at the spot market. Analysts attributed the fall in lead prices at futures trade to profit-taking by players at current levels coupled with low demand at the spot market.

At the MCX, lead futures for August 2019 contract is trading at Rs 155.85 per kg, down by 0.13 per cent, after opening at Rs 155.75, against a previous close of Rs 156.05. It touched the intra-day low of Rs 155.75 .

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