 "Lead down by 0.3% on global trends")
Tracking a weak trend overseas and subdued domestic demand, lead futures fell 0.32% to Rs 130.85 per kg in today after participants reduced exposures.
At the Multi Commodity exchange, lead for delivery in March shed 50 paise, or 0.32%, to Rs 130.85 per kg in a business turnover of 253 lots.
Metal prices for delivery in April also fell by 40 paise, or 0.30%, to trade at Rs 132.05 per kg in three lots.
Market analysts said besides subdued demand from battery-makers in the domestic spot market, a weak trend in base metals at the London Metal Exchange on slowing growth in China, the world's biggest user, led to a fall in lead futures prices here.
At the Multi Commodity exchange, lead for delivery in March shed 50 paise, or 0.32%, to Rs 130.85 per kg in a business turnover of 253 lots.
Metal prices for delivery in April also fell by 40 paise, or 0.30%, to trade at Rs 132.05 per kg in three lots.
Market analysts said besides subdued demand from battery-makers in the domestic spot market, a weak trend in base metals at the London Metal Exchange on slowing growth in China, the world's biggest user, led to a fall in lead futures prices here.