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Lead prices eased by 0.49% to Rs 130.80 per kg in futures trade today after speculators reduced their exposures triggered by subdued spot demand and a weak trend in global markets.
At the Multi Commodity Exchange, lead for delivery in April fell 65 paise, or 0.49%, to Rs 130.80 per kg in business turnover of 30 lots.
Likewise, the metal for delivery in March shed 55 paise, or 0.42%, to Rs 129.65 per kg in 713 lots.
Marketmen said besides a weakening trend in the entire base metals pack at the London Metal Exchange, sluggish demand at the domestic spot markets, attributed fall in lead prices at futures trade here.
