Tracking a weak global trend, lead prices drifted 0.86 per cent to Rs 115.45 per kg in futures trade today as participants reduced exposure.
At the Multi Commodity Exchange, lead for delivery in December month declined by Re 1, or 0.86 per cent to Rs 115.45 per kg in business turnover of 1669 lots.
Likewise, the metal for delivery in January contracts traded lower by 90 paise, or 0.77 per cent to Rs 116.25 per kg in 19 lots.
Analysts said besides weak trend overseas on concern commodities risk extending declines on slowing demand from China, the world's biggest user, subdued demand from battery-makers in the spot market, mainly influenced lead prices at futures trade.
