 "Lead up 0.4% on spot demand")
Lead prices moved up by 0.42% to Rs 132.20 per kg in futures market today due to pick up in demand from battery-makers in the spot market.
At the Multi Commodity Exchange, lead for delivery in February edged up by 55 paise, or 0.42%, to Rs 132.20 per kg in business turnover of 539 lots.
Similarly, the metal for delivery in March traded higher by 50 paise, or 0.38%, to Rs 133.30 per kg in 13 lots.
Analysts said besides pick up in demand from battery-makers in the spot market and a firm trend in other base metal in overseas markets mainly led to rise in lead prices at futures trade.
At the Multi Commodity Exchange, lead for delivery in February edged up by 55 paise, or 0.42%, to Rs 132.20 per kg in business turnover of 539 lots.
Similarly, the metal for delivery in March traded higher by 50 paise, or 0.38%, to Rs 133.30 per kg in 13 lots.
Analysts said besides pick up in demand from battery-makers in the spot market and a firm trend in other base metal in overseas markets mainly led to rise in lead prices at futures trade.