Lead prices fell marginally by 0.13% to Rs 112.10 per kg in futures trade today on demand concerns, tracking a weakening trend in the base metals overseas.
At the Multi Commodity Exchange, lead for delivery in June eased by 15 paise, or 0.13%, to Rs 112.10 per kg, with a business turnover of 4,021 lots.
The August contract fell by a similar margin to trade at Rs 112.85 per kg, with a business turnover of 4,021 lots.
On the London Metal Exchange, lead traded lower at $2,515 a tonne in early trade today.
Market analysts said the fall in lead futures was due to a weak trend in copper and other base metals overseas amid concerns over stability of the global economy as China may extend credit tightening measures while Europe's debt crisis remains unresolved, with the US showing signs of a slowdown.
