Lead up 0.3% on strong spot demand

Lead futures for March traded 40 paise or 0.33% higher at Rs 120.60 per kg in 2,371 lots.     

At the Multi Commodity Exchange (MCX), the April contract rose by similar margin to trade at Rs 121.30 per kg in 243 lots.

Rising spot demand supported the trade.

Besides, strong demand from battery-makers helped the prices to gain.

Firm trend at the London Metal Exchange (LME) after exports by China, grew more than expected last month, that added to signs of global economic recovery, influenced lead futures trade here.