)
Tracking weakness in base metals overseas and subdued domestic demand, lead prices eased by 0.34% to Rs 132.85 per kg in futures trade today as speculators reduced their positions.
At the Multi Commodity Exchange, lead for delivery in February fell by 45 paise, or 0.34%, to Rs 132.85 per kg in business turnover of 352 lots.
Likewise, the metal for delivery in March shed 60 paise, or 0.30%, to Rs 133.95 per kg in 7 lots.
Marketmen said the fall in lead futures prices was attributed to a subdued demand at domestic markets amid a weakening trend in base metals at the London Metal Exchange after a manufacturing gauge for China declined more than estimated, dampening demand outlook in the world's biggest user of metals.
