Lead futures marginally up firm spot demand, global cues

Lead futures rose 0.18 per cent to Rs 112.10 per kg today on strong demand at domestic spot markets amid a firming trend overseas.

At the Multi Commodity Exchange, lead for delivery this month traded higher by 20 paise or 0.18 per cent to Rs 112.10 per kg, with a turnover of 199 lots.

The metal for delivery in August rose 10 paise, or 0.09 per cent, to Rs 113.10 per kg in a turnover of five lots.

Traders said good demand from battery-makers, along with a firming trend in metal at the London Metal Exchange (LME) influenced lead futures prices here.