Lead futures strengthened by 0.14 per cent to Rs 140.80 per kg today as speculators built up bets on rising demand in the domestic spot market and a firming trend overseas.
At Multi Commodity Exchange, lead for delivery this month was trading higher by 20 paise, or 0.14 per cent, at Rs 140.80 per kg, with a turnover of 122 lots.
Metal for delivery in February also edged higher by 10 paise, or 0.07 per cent, to trade at Rs 141.30 per kg, in a business volume of three lots.
Marketmen said, apart from pick-up in domestic demand, particularly from battery-makers, gains in base metals globally supported the upside in lead futures here.
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