Supported by a firming trend in the global markets, lead prices inched up by 0.19% to Rs 104.40 per kg in futures trade today.
Pick up in demand at the domestic spot market from battery makers supported the sentiment.At the Multi Commodity Exchange, lead for delivery in July traded marginally higher by 20 paise, or 0.19%, to Rs 104.40 per kg, with a business turnover of 592 lots.
The August contract edged up by 10 paise, or 0.10%, to Rs 105.35 per kg in 95 lots.
Market analysts said a firming trend in base metals at the London Metal Exchange (LME) on speculation that central banks from Europe, Japan and US will take steps to spur economic growth increased the demand for industrial metals, influencing lead prices at futures trade.
