Lead futures prices traded marginally higher by Rs 0.55, or 0.63 per cent, to Rs 87.90 per kg today on fresh buying by traders after reports of better trend at the London Metal Exchange.
Increased offtake from car battery makers fueled the uptrend. At the Multi Commodity Exchange, lead for September-month gained Rs 0.55, or 0.63 per cent, to Rs 87.90 per kg, with an open interest of 18 lots.
Similarly, the metal for delivery in July-month enquired higher by Rs 0.45, or 0.53 per cent, to Rs 85.75 per kg, with an open interest of 6,089 lots.
Marketmen said fresh buying by traders and reports of better trend in prices at the London Metal Exchange helped lead prices to trade higher at futures trade.
Meanwhile, lead added 0.1 per cent to $1,829.75 metric tonne on the London Metal Exchange.