Lead prices rose by 0.77 per cent on Wednesday at the domestic markets due to high demand from battery-makers and other consuming industries at the domestic spot market as well as a strong trend at the global market. 

At the MCX, Lead futures, for the April 2016 contract, is trading at Rs 117.40 per kg, up by 0.77 per cent, after opening at Rs 116.30, against a previous close of Rs 116.50. It touched an intra-day high of Rs 117.70 till the trading. (At 3.40 PM today). However, gains were limited due to the surge in the lead stockpiles at the London Metal Exchange (LME) on account of the weak demand for the commodity. LME lead stocks rose by 11725 metric tonnes to 173925 metric tonnes as on April 20, 2016.

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