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

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At the MCX, lead futures for October 2016 contract is trading at Rs 130.80 per kg, down by 0.42 per cent, after opening at Rs 131.50, against a previous close of Rs 131.35. It touched the intra-day low of Rs 130.80.