Lead prices rose by 0.40% on Tuesday as a result of high demand for the commodity from battery-maker in the spot market in the midst of strong overseas trend. 

At the MCX, Lead futures, for the May 2016 contract, is trading at Rs 114 per kg, up by 0.40%, after opening at Rs 113.30, against a previous close of Rs 113.55. It touched an intra-day high of Rs 114.05 till the trading. (At 3.25 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 225 metric tonnes to 185475 metric tonnes as on May 31, 2016.

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