Lead futures marginally up on spot demand

Tracking a rise in other base metals, lead strengthened by Rs 0.35, or 0.37 per cent, at Rs 95.80 per kg rose in futures trade today.

Increased demand from battery makers also influenced the lead prices at futures market here.

At the Multi Commodity Exchange, lead for delivery in August contract gained Rs 0.35, or 0.37 per cent, at Rs 95.80 per kg, clocking a turnover of 7,157 lots.

However, other contracts were not traded.

Analysts attributed marginal rise in lead futures prices to better demand from battery makers at the physical market.