Lead prices on Monday traded higher by 55 paise to Rs 154.75 per kg in futures trade as participants built up fresh positions driven by pick-up in demand at spot market.
On the Multi Commodity Exchange, lead for delivery in November edged higher by 55 paise, or 0.36 per cent, to Rs 154.75 per kg with a business volume of 316 lots.
Lead contracts for December delivery traded up by 35 paise, or 0.23 per cent, to Rs 154.55 per kg in a business turnover of 513 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.
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