Tracking gains in the base metals at the London Metal Exchange along with pick-up in domestic demand, lead prices edged higher by 0.83% in futures trading today.
At the Multi Commodity Exchange, lead for delivery in June moved up by 95 paise, or 0.83% to Rs 115.85 per kg, with a business turnover of 212 lots.
Likewise, the metal for delivery in May edged up by 75 paise, or 0.65% to Rs 115.40 per kg, with a business turnover of 1,404 lots.
Market analysts said a firming trend in base metals at the London Metal Exchange on the back of strong data from China and a weaker dollar, which raised demand for the commodities, pushed up lead futures prices here.
Meanwhile, lead climbed 0.40% to $2,351 per tonne at the London Metal Exchange.
