Amid pick up in demand from consuming industries at the spot market and a firm trend in base metals overseas, lead prices edged up by 0.45 per cent to Rs 155.40 per kg in futures market as speculators created fresh positions.
At the Multi Commodity Exchange, lead for delivery in March edged up by 70 paise, or 0.45 per cent, to Rs 155.40 per kg in a business turnover of 398 lots.
Likewise, the metal for delivery in April contracts was trading higher by 60 paise, or 0.39 per cent, at Rs 155.95 per kg in 70 lots.
Market analysts said fresh positions built up by traders after rise in demand from battery-makers in the spot market and a firm trend in base metals at the London Metal Exchange, led to rise in lead futures.