Lead Mini 28 Nov 2025
| Last Trade | Change | Change in % |
| 182.90 | +0.05 | +0.03% |
| High | Low | Open |
| 183.05 | 182.45 | 182.85 |
Lead Mini Intraday Live Chart
Lead Mini Historical Chart
Lead Mini
Signal - Support & Resistance
| Resistance | Support | Signal | |||
| R1 | 183.32 | S1 | 182.32 | 5 Min | Buy |
| R2 | 183.85 | S2 | 181.85 | 1 Hour | Sell |
| R3 | 184.32 | S3 | 181.32 | 1 Day | Sell |
Lead Mini
Moving Averages
| Period | MA 20 | MA 50 | MA 100 |
| 5 Minutes | 182.83 | 182.82 | 182.80 |
| 1 Hour | 182.86 | 182.97 | 182.76 |
| 1 Day | 180.93 | 181.98 | 181.22 |
| 1 Week | 180.76 | 181.94 | 183.59 |
Lead Mini
Period - High, Low & Average
| Period | High Change from Last | Low Change from Last | Average Change from Last |
| 5 Days | 183.35 -0.45 | 178.15 +4.75 | 182.04 +0.86 |
| 1 Month | 184.50 -1.60 | 176.80 +6.10 | 181.63 +1.27 |
| 3 Month | 184.50 -1.60 | 176.80 +6.10 | 181.32 +1.58 |
| 6 Month | 184.50 -1.60 | 175.65 +7.25 | 180.22 +2.68 |
| 1 Year | 184.50 -1.60 | 174.50 +8.40 | 180.05 +2.85 |
About MCX Lead Mini
Contract Specifications of Lead Mini
| Symbol | LEADMINI |
|---|---|
| Contract Start Day | 1st day of contract launch month. If 1st day is a holiday then the following working day. |
| Last Trading Day | Last calendar day of the contract expiry month. If last calendar day is a holiday or Saturday then preceding working day. |
| Trading Period | Mondays through Friday |
| Trading Session | Monday to Friday: 10.00 a.m. to 11.30 / 11.55 p.m. |
| Trading Unit | 1 MT |
| Quotation/ Base Value | 1 KG |
| Maximum Order Size | 100 MT |
| Tick Size | 5 paise per KG |
| Initial Margin | Minimum 4% or based on SPAN whichever is higher |
| Extreme Loss Margin | Minimum 1% |
| Additional and/ or Special Margin | In case of additional volatility, an additional margin (on both buy & sell side) and/ or special margin (on either buy or sell side) at such percentage, as deemed fit; will be imposed in respect of all outstanding positions. |
| Settlement | Ex-Bhiwandi |
MCX Lead Mini: Live Prices, Market Overview, and Trading Insights
MCX Lead Mini refers to the smaller lot futures contracts of lead traded on the Multi Commodity Exchange (MCX) of India. Designed for retail and small-scale traders, Lead Mini futures allow participants to gain exposure to lead prices with lower capital requirements compared to standard MCX Lead contracts. Lead is a key base metal used extensively in batteries, construction, and industrial applications.
MCX Lead Mini provides an efficient way for traders, manufacturers, and investors to hedge risk, speculate on price movements, and participate in the Indian commodities market.
What Are MCX Lead Mini Futures?
MCX Lead Mini futures are standardized contracts representing a fraction of the standard lead futures lot, typically 1 metric tonne per contract. These contracts have defined expiry dates, tick sizes, and trading hours, making them accessible for smaller investors.
Key features include:
- Contract Size: 1 MT
- Tick Size: ?5 per 10 kg (same as standard contracts)
- Settlement: Cash-settled
- Trading Hours: 9:00 AM to 11:30 PM IST
Prices for MCX Lead Mini move in line with standard lead futures, influenced by industrial demand, global supply, and domestic market conditions.
Factors Influencing MCX Lead Mini Prices
- Global Supply and Demand: Major lead-producing countries like China, Australia, and the U.S. impact prices.
- Domestic Industrial Consumption: Demand from battery manufacturers and construction sectors drives price trends.
- Currency Movements: The Indian rupee’s strength against the U.S. dollar affects domestic lead prices.
- Government Policies: Import/export regulations, mining restrictions, and environmental policies influence supply.
- Correlated Commodities: Prices often move with other base metals such as zinc and copper.
Trading MCX Lead Mini Futures
MCX Lead Mini offers several advantages for retail and small-scale traders:
- Lower Capital Requirement: Smaller lot sizes make futures accessible to traders with limited funds.
- Hedging: SMEs and small manufacturers can hedge lead procurement costs efficiently.
- Speculation: Intraday and short-term traders can leverage smaller positions without committing to full-size contracts.
Popular strategies include:
- Intraday Trading: Capturing short-term price fluctuations using technical indicators like MACD, RSI, and moving averages.
- Positional Trading: Holding contracts over days or weeks based on demand forecasts, industrial trends, and global supply changes.
- Spread Trading: Pairing Lead Mini with other base metal contracts to benefit from relative price movements.
Historical Perspective
Lead has historically been an important industrial metal in India. With the launch of MCX in 2000, organized trading of lead futures became available. MCX Lead Mini contracts were later introduced to allow smaller investors and traders to participate in the market.
Key historical trends:
- 2000s: Lead prices rose with industrial expansion and automotive sector growth.
- 2010s: Price volatility increased due to global supply fluctuations and economic cycles.
- 2020s: The COVID-19 pandemic initially disrupted demand, but prices recovered as industrial production resumed. Lead Mini futures provided retail traders with a manageable way to participate during volatile periods.
Recent Update on MCX Lead Mini
As of September 2025, MCX Lead Mini is trading with moderate gains due to:
- Stable demand from battery manufacturing and construction sectors.
- Tightening of global lead supply due to mining restrictions.
- Currency fluctuations affecting USD-denominated lead prices in India.
Retail and small-scale traders continue to monitor lead prices closely, taking advantage of the smaller contract size for flexible market participation.
MCX Lead Mini vs Standard Lead Futures
- Lot Size: Lead Mini is 1 MT vs 5 MT for standard contracts.
- Capital Requirement: Lead Mini requires a lower margin, making it suitable for smaller investors.
- Price Movement: Both reflect the same underlying market trends, though Lead Mini allows for finer position sizing.
Outlook for MCX Lead Mini
With increasing demand for lead-acid batteries and industrial applications, MCX Lead Mini is expected to remain relevant for retail and small-scale traders. Prices are likely to remain volatile due to global supply changes, energy costs, and currency movements, offering both opportunities and risks for market participants.
MCX Lead Mini Futures FAQ
Q. What are MCX Lead Mini Futures?
A. MCX Lead Mini Futures are futures contracts based on the price of lead, traded on the Multi Commodity Exchange of India (MCX). These mini contracts represent 1 metric tonne (1,000 kg) of lead, designed for retail traders and smaller participants to hedge or speculate on lead price movements. Lead is a key base metal used in batteries, cables, and radiation shielding, and these contracts are frequently referenced in Indian commodity news on platforms like Economic Times or Bloomberg as indicators of industrial metal trends.
Q. What are MCX Lead Mini Futures Contracts?
A. MCX Lead Mini Futures Contracts are standardized agreements to buy or sell 1 metric tonne of lead at a predetermined price on a future date, traded on the MCX platform. The tick size is ?0.05 per kg, resulting in ?50 per tick movement for the contract. These contracts are highly liquid and volatile, offering traders opportunities for profitable trades during daily sessions. For example, if you’re bullish on lead prices, you can go long on a futures contract, earning ?1,000 per ?1 increase in the price. Conversely, if bearish, you can short the contract, profiting ?1,000 per ?1 decline.
Q. What are the trading hours for MCX Lead Mini Futures?
A. Trading for MCX Lead Mini Futures occurs in two sessions: the day session from 9:00 a.m. to 11:30 p.m. IST and the evening session from 5:00 p.m. to 11:55 p.m. IST, Monday to Friday. The market operates nearly 24 hours during these windows, with no trading on weekends or public holidays, aligning with Indian market hours to provide extended access for global and domestic participants.
Q. Why and when were MCX Lead Mini Futures created?
A. MCX Lead Mini Futures were launched on February 22, 2023, by the Multi Commodity Exchange of India to make lead trading more accessible to retail investors and small businesses, complementing the standard lead contract of 5 metric tonnes. The initiative aimed to enhance liquidity in base metals and allow better price risk management for industries like automotive and electronics. Designed to reflect the dynamics of the Indian lead market, these futures serve as a vital tool for gauging commodity sentiment and economic trends in industrial sectors.
Q. What are the risks and benefits of MCX Lead Mini Futures trading?
A. MCX Lead Mini Futures trading differs from traditional stock investing and carries significant risks. The volatility of lead prices, influenced by global supply chains and economic factors, can lead to substantial gains but also rapid losses, making it unsuitable for conservative investors. Traders who can actively monitor the market and tolerate risk may capitalize on both long and short positions, as futures allow shorting without restrictions. However, without disciplined risk management, traders risk margin calls if positions move unfavorably. The benefit lies in the potential for high returns due to leverage, lower entry barriers with smaller lot sizes, and liquidity, but constant attention to market movements is essential.
Q. How can I learn MCX Lead Mini Futures trading?
A. MCX Lead Mini Futures are a popular choice among traders, but beginners often face challenges due to limited understanding of commodity market dynamics and trading strategies. Success demands a robust trading plan, strict risk management, and deep market knowledge. Novice traders can accelerate their learning by joining online trading communities, using platforms like TradingView for charts and ideas, or accessing educational resources from brokers like Zerodha Varsity. These enable beginners to observe real-time analysis, learn strategies suited to their risk tolerance, and gain confidence. Using simulated accounts before trading with real money can also minimize costly errors.
Q. What are other names used for MCX Lead Mini Futures?
A. MCX Lead Mini Futures are known by several names or aliases, including:
- Lead Mini Futures
- MCX Lead Mini
- LEADMINI Futures
- Mini Lead Contracts
- Lead Mini MCX