Lead prices eased by 0.54 per cent to Rs 138.95 per kg in futures trade today after speculators reduced their exposures amid a weak trend at spot markets on sluggish demand even as metal strengthened at the London Metal Exchange.
At the Multi Commodity Exchange, lead for delivery in December fell 75 paise, or 0.54 per cent, to Rs 138.95 per kg in business turnover of 349 lots.
Likewise, the metal for delivery in January shed 60 paise, or 0.43 per cent, to Rs 140.30 per kg in 66 lots.
Marketmen said the fall in lead futures prices was attributed to a weak demand at the spot markets, leading offloading of positions by speculators but metal's strength overseas, limited the losses.
