Lead down 0.3% on subdued spot demand, Asian cues

Lead prices fell by 0.327% to Rs 125.30 per kg in futures trade today as speculators reduced exposures on subdued spot demand and a weak trend overseas.
    
At the Multi Commodity Exchange, lead for delivery in June fell by 40 paise, or 0.32%, to Rs 124.60 per kg in a business turnover of 2,621 lots.
    
Lead for delivery in July also fell by a similar margin to Rs 125.30 per kg in with a business volume of 157 lots.
    
Marketmen said a weak trend in the domestic spot markets due to subdued demand from battery-makers and metal's weakness at the global market mainly put pressure on lead futures here.