Lead future down on overseas cues

At the Multi Commodity Exchange,lead for delivery in September fell by 65 paise,or 0.59 per cent,to Rs 108.65 per kg,with a business turnover of 84 lots.

The metal for delivery in October also shed 60 paise,or 0.55 per cent,to Rs 109.20 per kg,with business volume of 22 lots.

Marketmen said a weak trend in copper and other base metals at the London Metal Exchange LME on speculation that US policy makers will not embark on a fresh round of stimulus,with the dollar rising before reports may show improved consumer sentiment and manufacturing,led to a fall in lead futures prices here.