 "Lead futures marginally up on spot demand")
Lead prices traded marginally higher by 0.37% to Rs 134.80 per kg in futures trade today as speculators created fresh positions after a rise in demand from battery-maker in the spot market.
At the Multi Commodity Exchange, lead for delivery in October traded higher by 50 paise, or 0.37%, to Rs 134.80 per kg in business turnover of 3,474 lots.
Likewise, the metal for delivery in November edged up by 35 paise, or 0.26%, to Rs 136.05 per kg in 441 lots.
Market analysts said fresh positions built up by speculators on the back of a rise in demand from battery-maker in the spot market mainly helped lead prices to trade higher in futures trade.