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Lead prices eased by 0.54% to Rs 128.10 per kg in futures trade today as speculators indulged in reducing exposures at prevailing levels.
At the Multi Commodity Exchange, lead for delivery in April fell by 70 paise, or 0.54%, to Rs 128.10 per kg in a business turnover of 512 lots.
The metal for delivery in May also fell by 45 paise, or 0.35%, to Rs 129.60 per kg in a turnover of 13 lots.
Marketmen said the fall in lead futures was mostly due to reducing of positions by speculators amid subdued demand from battery-makers at spot markets.
