Lead futures prices traded marginally higher by 0.19% to Rs 107.05 per kg today as speculators created fresh positions on the back of pick-up in demand amid a firming global trend.
At the Multi Commodity Exchange, lead for delivery in March traded higher by 20 paise, or 0.19%, to Rs 107.05 per kg, with a business turnover of 615 lots.
The April contract rose by a similar margin to Rs 108.30 per kg, with a business volume of 20 lots.
Meanwhile, lead gained 0.9% to $2,157 a tonne on the London Metal Exchange.
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.
