Lead prices rose further by 0.27 per cent to Rs 165.65 per kg in futures trading today as speculators built up positions, tracking a firm trend at the spot market on surging demand.
At the Multi Commodity Exchange, lead for delivery in June month advanced by 45 paise, or 0.27 per cent, to Rs 165.65 per kg in business turnover of 349 lots.
The metal for delivery in July contracts traded higher by a similar margin to Rs 166.50 per kg in 389 lots.
Analysts said widening of positions by traders on the back of soaring demand from battery-makers in the physical market mainly kept lead prices higher at futures trade.
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