In range-bound movements, lead futures moved down by 0.84% at Rs 112 per kg in futures trade today after speculators reduced their positions, driven by a weakening trend overseas.
Subdued demand from battery makers and other consuming industries at the physical markets also kept pressure on the lead futures prices here.
At the Multi Commodity Exchange, lead for delivery in July fell by 95 paise, or 0.84% to Rs 112 per kg, with a business turnover of two lots.
The metal for delivery in May also eased by 25 paise, or 0.23% to Rs 1,10.30 per kg, with business volume of 24 lots.
Market analysts said weak trend in the entire base metal pack at the London Metal Exchange on concerns that policy tightening in China, world's largest consumer of metal, may curb demand, mainly led to the fall in lead futures prices here.
Meanwhile, at the LME, lead lost as much as 2.2% to $2,400 a tonne.
