In range-bound movements, lead prices fell by 0.26% to Rs 113.15 per kg in futures trade today after speculators off-loaded their positions in view of ending monthly contract.
Besides, subdued demand at domestic spot markets also put pressure on the metal prices at futures trade.
At the Multi Commodity Exchange, lead for delivery in May moved down by 30 paise, or 0.26% to Rs 113.15 per kg, with a business turnover of 332 lots.
June lead traded lower by 25 paise, or 0.22% to Rs 113.85 per kg, with an open interest of 58 lots.
Market analysts said apart from winding up of positions by speculators in view of ending monthly contract, reduced offtake by battery makers in physical markets also weighed down on the lead futures prices.
Meanwhile, at the London Metal Exchange, lead was trading almost flat at $2,506 a tonne in early trade today.
