Weak global trend mainly pulled the metal down
Lead prices traded marginally lower by 0.14% to Rs 108.45 per kg in futures trade today owing to subdued demand in the spot market.
At the MCX, Lead for delivery in June month shed 15 paise, or 0.14%, to Rs 108.45 per kg in business turnover of 874 lots.
The May contract traded lower by 5 paise, or 0.05%, to Rs 107.85 per kg in 1,584 lots.
Globally, lead traded 0.10% lower at $1,923 per tonne.
Market analysts said subdued domestic demand and weakness in metal at the London Metal Exchange (LME) mainly put pressure on lead prices at futures trade.
Supported by a firming trend overseas and a pick-up in spot demand, lead futures prices today traded higher by 0.67% to Rs 112.60 per kg.