Lead down 0.1% on weak trend overseas

Lead prices fell 0.16% to Rs 124.60 per kg in futures trade today as off-loading of positions by speculators driven by a weak trend overseas, weighed on lead futures prices here.

At the Multi Commodity Exchange, lead for delivery in June traded lower by 20 paise, or 0.16%, to Rs 124.30 per kg, with a turnover of 791 lots.

Futures for delivery in May shed 5 paise, to trade at Rs 123.15 per kg, in a business turnover of 1,022 lots.