Lead futures down on low domestic demand

Lead fell 0.64 per cent to Rs 147.90 per kg in futures trade today after participants reduced exposure amid a weak trend at the domestic spot markets due to sluggish demand.
At the Multi Commodity Exchange, lead for delivery in January was trading 95 paise, or 0.64 per cent, down at Rs 147.90 per kg in a business turnover of 920 lots.
Also, metal for delivery in February shed 65 paise, or 0.44 per cent to Rs 148.65 per kg in five lots.
Analysts said weakness in metal at the domestic spot market owing to muted from battery-makers kept pressure on metal prices.