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Lead prices softened by 0.11 per cent to Rs 136 per kg in futures trading today as speculators reduced positions largely in line with a weak trend overseas amidst subdued demand from battery-makers in the spot market.
At the Multi Commodity Exchange, lead for delivery in August eased by 15 paise, or 0.11 per cent, to Rs 136 per kg in a business turnover of 84 lots.
Analysts said weakness in copper and other base metals at the Shanghai Futures Exchange and subdued demand from battery-makers in the spot market mainly put pressure on lead prices at futures trade.
Closure of the London Metal Exchange for "Summer Bank Holiday" also weighed on sentiments, they added.
