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Lead futures fall 0.16% on soft demand | The GRS solution

Lead futures were trading lower during the late morning trade in the domestic market on Monday amid subdued demand at the spot market. 

The GRS Solution
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 153.60 per kg, down by 0.16 percent, after opening at Rs 154.50, against a previous close of Rs 154.10. 

It touched the intra-day low of Rs 153.60 (at 11:10 hours).

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