Amid sluggish domestic demand and profit-booking by speculators, lead prices softened 0.60 per cent to Rs 165.70 per kg in futures trade today.
At the Multi Commodity Exchange, lead for delivery in October moved down by Re 1, or 0.60 per cent, to Rs 165.70 per kg in business turnover of 488 lots.
Likewise, the metal for delivery in November shed 95 paise, or 0.57 per cent, to Rs 166.20 per kg in two lots.
Analysts said besides sluggish demand from battery makers in the spot market, trimming of positions by traders to book profits at current levels led to the fall in lead prices at futures trade.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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