Lead futures today strengthened by Rs 0.20, or 0.21 per cent, to Rs 95.55 per kg after the metal prices firmed up in global markets amid pick up in demand for the metal in the spot markets.
At the Multi Commodity Exchange, the August and September contracts of lead rose by Rs 0.20, or 0.21 per cent each, to Rs 95.55 and Rs 96.65 per kg, respectively, having a turnover of 647 and 48 lots.
The metal contract for delivery in October month gained Rs 0.15, or 0.15 per cent, at Rs 97.60 per kg, with a business turnover of 2 lots.
Marketmen said reports of firming trend in base metals in global markets and pick up in demand from battery makers and other consuming industries at the physical market here were responsible for the rise in lead prices in futures trade.