)
Lead prices moved down by 0.24% to Rs 126.50 per kg in futures trade today as speculators booked profits amid a weak trend in base metals overseas.
At the Multi Commodity Exchange, lead for delivery in current moved down by 30 paise, or 0.24%, to Rs 126.50 per kg in business turnover of 144 lots.
On similar lines, the metal for delivery in October traded lower by 20 paise, or 0.16%, to Rs 127.60 per kg in 21 lots.
Marketmen attributed the fall in lead futures to profit-booking by speculators, and a weak trend in the entire base metals overseas on concern that demand will slow in China, the biggest metals user, mainly put pressure on lead futures here.
