Lead prices traded marginally lower by 0.33% to Rs 105 per kg in futures trade today on subdued demand in the spot market amid a weak trend in overseas markets.
At the Multi Commodity Exchange, lead for delivery in August traded lower by 35 paise, or 0.33%, to Rs 105 per kg, with a business turnover of 224 lots.
The July contract shed 30 paise, or 0.29%, to Rs 103.85 per kg, with a business turnover of 3,091 lots.
Market analysts said subdued domestic demand and a weak trend in the overseas market mainly led to a decline in lead prices at futures market.
Meanwhile, lead declined 0.3% to USD 1,868 a tonne on the London Metal Exchange.