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NEW DELHI: Lead prices plunged by 1.25 per cent in early trade today on MCX counter owing to profit booking at higher levels by speculators.

The most-active August contract slipped by 1.25 per cent at Rs 83 per kg with a business volume of 221 lots, while the far-month September contract fell by 1.01 per cent at Rs 83.50 per kg and clocked business of 18 lots.

Traders said the emergence of profit-booking by speculators at higher levels led to a fall in the lead prices. Meanwhile, spot prices of lead were ruling higher at Rs 83.65 per kg in Mumbai. – PTI

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