Lead traded marginally higher by 0.42% to Rs 118.95 per kg in futures trade today, largely in tandem with firming trend overseas and good demand at spot markets from battery-makers.
At the Multi Commodity Exchange, lead for July delivery traded higher by 50 paise, or 0.42%, to Rs 118.95 per kg, with a business turnover of 498 lots.
Likewise, the metal for August delivery edged up by 45 paise, or 0.38%, to Rs 119.80 per kg, with a trade turnover of 88 lots.
Analysts said a firming trend in copper and other base metals overseas along with pick-up in demand from battery makers and other consuming industries at the spot markets, mainly pushed up lead futures prices here.