Lead up 0.1% on spot demand

Metal for delivery in August gained 0.04%

Lead futures rose marginally by 0.08% to Rs 132.25 per kg today as participants enlarged positions amidst rising demand from battery-makers in the domestic spot market.

At the Multi Commodity Exchange, lead for delivery in July traded higher by 10 paise, or 0.08%, to Rs 132.25 per kg, with a turnover of 432 lots.

The metal for delivery in August gained five paise, or 0.04%, to Rs 133.35 per kg in a business volume of 15 lots.

Analysts said apart from domestic demand, particularly from battery-makers, the metal's gain at the London Metal Exchange, influenced lead prices at futures trade.