Lead prices declined 0.22 per cent to Rs 159.65 per kg in futures trading today as traders trimmed positions on the back of tepid demand at the spot market.
At the Multi Commodity Exchange, lead for delivery in January fell by 35 paise, or 0.22 per cent to Rs 159.65 per kg in a business turnover of 32 lots.
On similar lines, the metal for delivery in December contracts edged lower by 30 paise, or 0.19 per cent to Rs 159.25 per kg in 276 lots.
Marketmen said the fall in lead futures was triggered by a weak trend at the domestic spot markets owing to subdued demand from consuming industries, particularly battery-makers.
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