Lead futures prices traded marginally higher by 0.56% to Rs 107.45 per kg today on pick-up in demand from battery makers in the spot market amid a firming global trend.
At the Multi Commodity Exchange, lead for delivery in March traded higher by 60 paise, or 0.56%, to Rs 107.45 per kg in business turnover of 1,246 lots.
The April contract rose by a similar margin to Rs 108.60 per kg in 51 lots.
Analysts said besides a pick-up in demand from battery makers in the spot market, firming trend in base metals in overseas markets helped lead prices to trade higher at futures market.
Meanwhile, lead gained 0.5% to $2,173 a tonne on the London Metal Exchange.