Lead rises by 0.4% on spot demand

Positive global cues also influenced prices

Lead futures rose 0.45% to Rs 132.55 per kg today on rising demand in spot markets and positive global cues.

At the Multi Commodity Exchange, lead for delivery in April traded higher by 60 paise, or 0.45%, at Rs 132.55 per kg with a turnover of 178 lots.

The metal for delivery in May also rose by 55 paise, or 0.41%, to trade at Rs 133.30 per kg in a business turnover of nine lots.

Besides strong demand from battery-makers, a firm trend in copper and other base metals overseas influenced lead prices at futures trade here, analysts said.