 "Lead up by 0.4% on firm spot demand")
Lead futures rose 0.41% to Rs 111.50 per kg today on strong spot demand amid a firming trend overseas.
At the Multi Commodity Exchange, lead for delivery in February traded higher by 45 paise, or 0.41%, to Rs 111.50 per kg, with a turnover of 250 lots.
The metal for delivery in March rose 35 paise, or 0.31%, to Rs 112.80 per kg in a turnover of 13 lots.
Traders said besides good demand from battery-makers, a firming trend in the entire base metal pack at the London Metal Exchange (LME) before housing data from the US, the world's second-largest user, influenced lead futures prices here.
At the Multi Commodity Exchange, lead for delivery in February traded higher by 45 paise, or 0.41%, to Rs 111.50 per kg, with a turnover of 250 lots.
The metal for delivery in March rose 35 paise, or 0.31%, to Rs 112.80 per kg in a turnover of 13 lots.
Traders said besides good demand from battery-makers, a firming trend in the entire base metal pack at the London Metal Exchange (LME) before housing data from the US, the world's second-largest user, influenced lead futures prices here.