Lead up 0.3% on spot demand, global cues

Metal for delivery in current month contract was up by 0.23%

Tracking a firming global trend and better domestic demand, lead futures traded higher by 0.27% to Rs 131.20 per kg today on buying by speculators.

At the Multi Commodity Exchange, lead for delivery in October traded higher by 35 paise, or 0.27%, to Rs 131.20 per kg in business turnover of three lots.

The metal for delivery in current month contract was up by 30 paise, or 0.23%, to Rs 130.15 per kg in 573 lots.

Market analysts said besides better demand in spot market, firm global trend in base metals mainly helped lead prices to trade a shade higher in futures market.