 "Lead up 0.2% on spot demand")
Lead prices traded higher by 0.23% to 132.65 per kg in futures trade today as speculators created fresh positions, supported by a rise in demand from battery-maker in the spot market.
At the Multi Commodity Exchange, lead for delivery in October traded higher by 30 paise, or 0.23%, to Rs 132.65 per kg in business turnover of 2,569 lots.
Likewise, the metal for delivery in November edged up by 25 paise, or 0.19%, to Rs 134.10 per kg in 181 lots.
Market analysts said fresh positions created by speculators due to rise in demand from battery-maker in the spot market helped lead prices to trade higher in futures trade.
At the Multi Commodity Exchange, lead for delivery in October traded higher by 30 paise, or 0.23%, to Rs 132.65 per kg in business turnover of 2,569 lots.
Likewise, the metal for delivery in November edged up by 25 paise, or 0.19%, to Rs 134.10 per kg in 181 lots.
Market analysts said fresh positions created by speculators due to rise in demand from battery-maker in the spot market helped lead prices to trade higher in futures trade.