Lead futures fell by 0.36% to Rs 124.25 per kg today after speculators trimmed their positions to book profits amid a weak trend in base metals at the London Metal Exchange.
Subdued demand from battery-makers at the domestic spot markets also put pressure on lead futures prices here.
At the Multi Commodity Exchange, January lead fell by 55 paise, or 0.36%, to Rs 124.25 per kg, with a business turnover of 505 lots.
The December delivery shed 70 paise, or 0.24% to Rs 124 per kg in a turnover of 3,438 lots.
The fall in lead prices at futures trade was mostly in line with a weakening trend in the entire base metals pack at the London Metal Exchange after less-than-expected growth in China's exports in November.
Besides, subdued domestic demand also put pressure on metal prices, they said.