Lead higher in futures trade on global cues

NEW DELHI, Sept 4:  Taking positive cues from global markets, lead prices were up by 0.30 per cent to Rs 134.60 per kg in futures trade today as speculators created fresh positions.
Besides, rising demand from battery-makers in the spot market supported the upside.
At the Multi Commodity Exchange, lead for delivery in September up by 40 paise, or 0.30 per cent, to Rs 133.80 per kg in business turnover of 116 lots.
Likewise, the metal for delivery in next month traded up by 35 paise, or 0.26 per cent, to Rs 134.60 per kg in one lot.
Market analysts said apart from rising demand from battery-makers, a firming trend overseas after data signalled improving economic conditions in the US and China influenced lead futures prices. (PTI)