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Lead prices fell by 0.24% to Rs 127.10 per kg in futures trading today as speculators trimmed positions on lower demand from battery-makers in spot markets.
At the Multi Commodity exchange, lead for delivery in November declined by 30 paise, or 0.24%, to Rs 127.10 per kg in a business turnover of 209 lots.
Similarly, the metal for delivery in December traded lower by 10 paise, or 0.08%, to Rs 128.15 in 50 lots.
Market analysts said subdued demand from battery-makers in the spot market and metal's weakness at the London Metal Exchange, put pressure on lead prices at futures trade.
