Lead prices inched up by 0.21 per cent to Rs 164.05 per kg in futures trade today as traders built up fresh positions, driven by pick-up in demand in the spot market.
At the Multi Commodity Exchange, lead for delivery in December edged up by 35 paise, or 0.21 per cent, to Rs 164.05 per kg in a business turnover of 1,109 lots.
Similarly, the metal for delivery in January was trading higher by 25 paise, or 0.15 per cent, to Rs 164 per kg in 35 lots.
Market analysts attributed the rise in lead futures to fresh positions created by traders on the back of rising demand from battery-makers in the physical market.
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