Tracking a weakening trend in the base metals at the London Metal Exchange, lead prices fell by 1.23% to Rs 112.85 per kg in futures trading today.
At the Multi Commodity Exchange, lead for delivery in August declined by Rs 1.40, or 1.23% to Rs 112.85 per kg, with a business turnover of three lots.
The June contract shed 70 paise, or 0.62% to Rs 112.05 per kg, with a business volume of 1,834 lots.
At the LME, lead lost one% to $2,475.75 a tonne in early trade today.
Analysts said a weak trend in copper and other base metals overseas on concern that the global economic recovery may be faltering as manufacturing slows from China to the US mainly kept pressure on the lead prices at futures trade today.