Lead weakened by 0.23% to Rs 107.50 per kg in futures trading today largely in tandem with a weak trend at spot markets due to subdued demand even as metal strengthened overseas.
At the MCX, lead for delivery in May traded lower by 25 paise, or 0.23%, to Rs 107.50 per kg in business turnover of 692 lots.
The June contract shed 20 paise, or 0.18%, to Rs 108.35 per kg in a turnover of 96 lots.
Market analysts said subdued domestic demand mainly kept pressure on lead futures prices here but gains in metal at the London Metal Exchange (LME), capped the losses.
Easing concerns in Greece pulled the metal up on LME.
At the LME, lead rose 0.20% to Rs 1,954.75 per kg in the morning trade today.