Lead futures up on spot demand

NEW DELHI, Feb 26: Supported by strong demand in the spot market, lead futures prices today rose marginally to Rs 130.55 per kg.
At the Multi Commodity Exchange, lead for delivery in February traded 35 paise, or 0.27 per cent higher at Rs 130.55 per kg, with a turnover of 464 lots.
The metal for delivery in March traded a shade higher at Rs 131.70 per kg in a turnover of 99 lots.
Marketmen said strong domestic demand, particularly from battery-makers mainly influenced lead prices at futures trade here but absence of cues from the global market, restricted the upside. (AGENCIES)