At Multi Commodity Exchange, lead for delivery in March month moved down by Rs 1.25, or 0.83 per cent to Rs 149.30 per kg in business turnover of 434 lots.
Likewise, the metal for delivery in April contracts shed 95 paise, or 0.63 per cent to Rs 150 per kg in 36 lots.
Analysts said besides sluggish demand from battery makers in the spot market, trimming of positions by traders to book profits at current levels, led to the fall in lead prices at futures trade.