Lead marginally up on strong spot demand

Strong demand from battery-makers helped the trade

Lead futures for February traded 20 paise or 0.1% higher at Rs 131.15 per kg in 2,386 lots.

At the Multi Commodity Exchange (MCX), the March contract also rose by 15 paise, or 0.08%, to trade at Rs 131.60 per kg in 312 lots.

Strong demand from battery-makers, firm trend at the London Metal Exchange (LME) on the back of signs that China and US are recovering while boosting demand outlook for the base metals, also influenced lead futures trade here.