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Tracking weakness in other base metals, lead fell further by 0.49% to Rs 121.40 per kg in futures trade today as speculators reduced positions.
At the Multi Commodity exchange, lead for delivery in July down by 60 paise, or 0.49%, to Rs 121.40 per kg in business turnover of 453 lots.
Metal prices for delivery in August fell by 45 paise, or 0.37%, to trade at Rs 122.30 per kg in 75 lots.
Market analysts said apart from slackened demand from battery-makers in the domestic spot market, a weak trend in base metals overseas after manufacturing in China weakened, attributed fall in lead futures prices here.
