In range-bound movements, lead prices traded higher by 0.28% to Rs 108.75 per kg in futures trading today on pick-up in demand from battery-makers in the spot market.
At the Multi Commodity Exchange, lead for delivery in January edged up by 30 paise, or 0.28%, to Rs 108.75 per kg, with a business turnover of 353 lots.
In a similar fashion, the metal for delivery in February traded higher by the same margin to Rs 109.70 per kg, with a business turnover of 20 lots.
Meanwhile, at the London Metal Exchange (LME), lead dropped 0.4% to $2,173.75 per tonne.
Analysts said fresh buying by speculators, driven by pick up in demand from battery makers in the spot market pushed up lead prices at futures trade, but metal's weakness at the LME, restricted the gains.
