At the Multi Commodity Exchange, lead for delivery in January declined by 60 paise, or 1.21 per cent to Rs 130.45 per kg in business turnover of 5,475 lots.
Likewise, the metal for delivery in February shed 35 paise, or 1.13 per cent to Rs 131.35 per kg in 218 lots.
Market analysts said the fall in lead prices at futures trade was mostly in tandem with a weakening trend in base metals in the global markets and subdued domestic demand.
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