Lead futures were trading lower during morning trade in the domestic market on Tuesday as investors and speculators indulged in trimming their positions in the industrial metal amid diminishing physical demand for lead, from battery-makers, in the domestic spot market.
Further, a downward trend in physical demand from battery-makers in the domestic spot market, influenced prices of lead at futures trade.
At the MCX, lead futures for December 2016 contract is trading at Rs 145.45 per kg, down by 0.72 per cent, after opening at Rs 145.30, against a previous close of Rs 146.50. It touched the intra-day low of Rs 145.30
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