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Lead prices fell by 0.26% to Rs 132.55 per kg in futures trading today as speculators reduced positions due to decline in demand from battery-makers in the spot market.
At the Multi Commodity exchange, lead for delivery in August contracts traded lower by 35 paise, or 0.26% to Rs 132.55 per kg in business turnover of one lot.
Likewise, the metal for delivery in July contracts shed 30 paise, or 0.23% to Rs 131.40 per kg in 176 lots.
Market analysts said apart from subdued demand from battery-makers in the domestic spot market, absence of cues from global market put pressure on lead futures here.
