Lead prices traded marginally higher at Rs 109.05 per kg in futures trading today as speculators created fresh positions, tracking a firm spot markets trend on increased demand.
At the Multi Commodity Exchange, lead for delivery in May traded higher by 55 paise, or 0.51%, to Rs 109.05 per kg, with a business turnover of four lots.
The March contract was up 40 paise, or 0.38%, to Rs 106.65 per kg, with a business turnover of 1,969 lots.
Analysts said fresh buying by speculators on increased demand from battery makers in the spot market mainly helped lead prices to trade marginally higher at futures trade.