Lead prices on Tuesday drifted 0.13 per cent lower to Rs 153.90 per kg in futures market as speculators cut bets on low demand.
On the Multi Commodity Exchange, lead for delivery in November fell by 20 paise, or 0.13 per cent, to Rs 153.90 per kg in 744 lots.
Likewise, the metal for delivery in December shed 20 paise, or 0.13 per cent, to Rs 154.30 per kg in 27 lots.
Analysts said off-loading of positions by participants owing to slackened demand from consuming industries in physical market mainly influenced lead prices in futures trade.