Lead futures were trading lower during the morning trade in the domestic market on Monday as investors and speculators cut down their bets in the industrial metal due to fall in physical demand for lead, from battery-makers, in the domestic spot market. Further, a decline in demand from battery-makers in the domestic spot market, influenced prices of lead at the domestic spot markets.

At the MCX, lead futures for September 2016 contract is trading at Rs 129.35 per kg, down by 0.31 per cent, after opening at Rs 129.20, against a previous close of Rs 129.20. It touched the intra-day low of Rs 129.10

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