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Lead prices moved down by 0.16 per cent to Rs 127.60 per kg in futures trade today as speculators booked profits even as base metals strengthened overseas.
At the Multi Commodity Exchange, lead for delivery in current month moved down by 20 paise, or 0.16 per cent, to Rs 127.60 per kg in a business turnover of 199 lots.
The metal for delivery in November fell by a similar margin to trade at Rs 128.65 per kg in just one lot.
Marketmen attributed the fall in lead futures to profit-booking by speculators but a better trend in base metals at the London Metal Exchange, limited the fall.
