Lead futures fall 2.52 pc on soft demand

New Delhi, Mar 9 () Lead prices on Monday drifted lower by 2.52 per cent to Rs 142.90 per kg in futures trade as speculators cut bets on low demand.

On the Multi Commodity Exchange, lead for delivery in May fell by Rs 3.70, or 2.52 per cent, to Rs 142.90 per kg in 13 lots.

Analysts said off-loading of positions by participants owing to slackened demand from consuming industries in the physical market mainly exerted pressure on lead prices here. VHP RUJRUJ