Lead declined by 0.36% to Rs 125.75 per kg in futures market today as speculators reduced positions at prevailing levels even as metals strengthened overseas.
At the Multi Commodity Exchange, the December contract declined by 45 paise, or 0.36 % to Rs 125.75 per kg, with a business turnover of 989 lots.
Likewise, the January contract traded lower by 40 paise, or 0.32 %, to Rs 125.95 per kg, with a business turnover of 191 lots.
Marketmen said profit-booking by speculators mainly led to a fall in lead prices at futures trade but the strengthening in copper and other metals at the London Metal Exchange after US data showed demand from the US may improve, limited the fall.