Lead fell by Rs 1.05, or 1.13 per cent to Rs 91.75 per kg in futures trade today on continued selling by speculators triggered by weak trend at spot markets.
At the Multi Commodity Exchange, lead for delivery in June contract shed Rs 1.05, or 1.13 per cent to Rs 91.75 per kg, with an open interest of 818 lots.
The metal for delivery in May contract also traded lower by Re 1, or 1.09 per cent at Rs 90.70 per kg, with a turnover of 7,309 lots.
Analysts attributed the decline in lead futures prices to weak trend at spot markets owing to subdued demand but gains in metal at the London Metal Exchange, capped losses at futures market here.
Meanwhile, at the London Metal Exchange, lead edged higher by $3, or 0.15 per cent to $2,045 per tonne.