Lead up by 0.5% on firm spot demand

Firming trend in the entire base metal pack at the London Metal Exchange (LME), also influenced prices

Lead futures rose 0.53% to Rs 114.65 per kg today on strong spot demand at domestic spot markets amid a firming trend overseas.

At the Multi Commodity Exchange, lead for delivery in February traded higher by 60 paise, or 0.53%, to Rs 114.65 per kg, with a turnover of 169 lots.

The metal for delivery in March rose 55 paise, or 0.48%, to Rs 115.60 per kg in a turnover of 1 lot.

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