 "Lead down on global trend by 0.25%, subdued domestic demand")
Tracking a weak trend overseas and subdued domestic demand, lead fell 0.25% to Rs 122.05 per kg in futures trade today after participants reduced their exposures.
At the Multi Commodity exchange, lead for delivery in July shed 30 paise, or 0.25%, to Rs 122.05 per kg in business turnover of 951 lots.
Metal prices for delivery in the August also fell by 30 paise, or 0.24% to trade at Rs 123 per kg in 33 lots.
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Analysts said that subdued demand from battery-makers in the domestic spot market led to a fall in lead futures prices.
A weak trend in base metals following unexpected fall in China's exports and imports, is fuelling concerns that slowing economic growth will hurt metals demand in the world's largest user.
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