Weak trend at the London Metal Exchange (LME) and subdued domestic demand led to a decline of 0.22 per cent in lead futures today to Rs 115.90 per kg.
At the Multi Commodity Exchange, lead for March delivery fell by 25 paise, or 0.22 per cent, to Rs 115.90 per kg, with a business turnover of two lots.
Similarly, the metal for delivery in February, shed 20 paise, or 0.17 per cent, to Rs 115.95 per kg, with a business turnover of seven lots.
Market analysts said weakness in copper and other base metals in overseas markets and fall in demand from battery makers, weighed on the lead futures prices here.
Meanwhile, lead prices fell by 1.2 per cent to USD 2,550 per tonne at the LME.