Lead prices on Monday traded higher by 65 paise to Rs 155.60 per kg in futures trade as participants built up fresh positions driven by pick-up in demand in spot market.
On the Multi Commodity Exchange, lead for delivery in November edged higher by 65 paise, or 0.42 per cent, to Rs 155.60 per kg in a business volume of 654 lots.
Lead contracts for December delivery traded up by 60 paise, or 0.39 per cent, to Rs 155.95 per kg in a business turnover of 23 lots.
Market analysts said fresh positions created by traders due to upsurge in demand by battery-makers in physical market mainly helped lead prices to trade higher.
Disclaimer: No Business Standard Journalist was involved in creation of this content