Lead futures edged up on rising demand

Lead prices rose 0.20 per cent to Rs 123.60 per kg in futures market today as speculators enlarged positions, driven by rising demand from battery makers in the spot markets.
At the Multi Commodity Exchange, lead for delivery in October edged higher by 25 paise, or 0.20 per cent to Rs 123.60 per kg in business turnover of 523 lots.
Similarly, the metal for delivery in November traded higher by a similar margin to Rs 124.65 per kg in 47 lots.
Analysts attributed the rise in lead futures to rising demand from battery makers in the spot market.