Amid pick up in demand from consuming industries at spot market and a firm trend in base metals overseas, lead prices rose 0.65 per cent to Rs 154.65 per kg in futures market as speculators built up fresh positions.
At the Multi Commodity Exchange, lead for delivery in current month was trading higher by Re 1, or 0.65 per cent, at Rs 154.65 per kg in a business turnover of 374 lots.
Metal for delivery in April too rose by a similar margin to trade at Rs 155.25 per kg in 13 lots.
Market analysts said fresh positions created by traders amid pick up in demand from battery-makers in the spot market and a firm trend in base metals at the London Metal Exchange, influenced lead prices in futures trade.
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