 "Lead down 0.7% on subdued spot demand")
Lead futures for April fell by 80 paise, or 0.72%, to Rs 110.75 per kg in 91 lots.
At the Multi Commodity Exchange (MCX), the May contract shed 75 paise, or 0.71%, to Rs 111.80 per kg in 177 lots.
Prices eased as speculators reduced their exposures amid subdued spot demand.
Weak trend in base metals at the London Metal Exchange (LME) on concern that demand from China would fall after the International Monetary Fund (IMF) lowered its forecast triggered fall in lead futures pries.
IMF trimmed its forecast for China's 2013 growth to 8% from 8.2% after World Bank cut the forecast to 8.3% on April 15.
At the Multi Commodity Exchange (MCX), the May contract shed 75 paise, or 0.71%, to Rs 111.80 per kg in 177 lots.
Prices eased as speculators reduced their exposures amid subdued spot demand.
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Subdued demand from battery-makers also supported the downside.
Weak trend in base metals at the London Metal Exchange (LME) on concern that demand from China would fall after the International Monetary Fund (IMF) lowered its forecast triggered fall in lead futures pries.
IMF trimmed its forecast for China's 2013 growth to 8% from 8.2% after World Bank cut the forecast to 8.3% on April 15.
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