Lead down by 0.2% on global cues

Subdued domestic demand also affected prices

Amid a weak trend in base metals at the London Metal Exchange and subdued domestic demand, lead prices eased by 0.20% to Rs 126.75 per kg in futures trade today as speculators reduced their exposures.

At the Multi Commodity Exchange, lead for delivery January 2015 month shed 25 paise, or 0.20%, to Rs 126.75 per kg in business turnover of two lots.

On similar lines, the metal for delivery in current month shed 10 paise, or 0.08%, to Rs 125.85 per kg in 211 lots.

Marketmen said a weak trend in base metals at the London Metal Exchange (LME) amid signs that demand is waning from China and Germany, the biggest and third-largest users of the metal, mainly attributed fall in lead futures pries.