Lead prices were down by 0.53 per cent to Rs 151.25 per kg in futures trade today as traders trimmed their positions following sluggish demand from consuming industries.
At the Multi Commodity Exchange, lead for delivery in December traded lower by 80 paise or 0.53 per cent to Rs 151.25 per kg in business turnover of 187 lots.
On similar lines, the metal for delivery in January contracts edged down by 75 paise or 0.49 per cent to Rs 151.90 per kg in 2 lots.
Analysts said the weakness in lead futures was mostly attributed to offloading of positions by participants, driven by tepid demand from battery-makers at the domestic markets.
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