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Lead prices rose by 0.67 per cent on Tuesday at the domestic markets due to the decline in the lead stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME lead stocks fell by 50 metric tonnes to 193825 metric tonnes as on May 6, 2014. At the MCX, Lead futures, for the May 2014 contract, is trading at Rs 126.85 per kg, up by 0.67 per cent, after opening at Rs 126.10, against a previous close of Rs 126. It touched an intra-day high of Rs 127.25 till the trading. (At 3.30 PM today). Sentiment improved further as a result of high demand for the commodity from battery-maker in the spot market in the midst of strong overseas trend
