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Lead futures traded marginally up by 0.12% to Rs 130 per kg today on a firming trend in base metals in the global markets amid increased demand from domestic battery-makers.
At the Multi Commodity Exchange, lead for delivery in October traded higher by 15 paise, or 0.12%, at Rs 130 per kg, with a turnover of two lots, while prices for delivery in September remained steady at Rs 128.95 per kg in a turnover of 235 lots.
Marketmen said apart from rising demand in the spot markets from domestic battery-makers and other consuming industries, a firming trend in base metals at the London Metal Exchange ahead of industrial output data from China, the biggest consumer of base metals, supported the upside in lead futures here.
