Lead prices edged up by 0.54 per cent to Rs 147.80 per kg in futures trade today as speculators build up fresh positions following pick up in demand at the spot market.
At the Multi Commodity Exchange, lead for delivery in July rose by 80 paise, or 0.54 per cent, to Rs 147.80 per kg in a business turnover of 750 lots.
Similarly, the metal for delivery in August contracts was trading higher by 75 paise, or 0.51 per cent, to Rs 148.80 per kg in 51 lots.
Analysts said fresh positions created by traders due to uptick in demand from battery markers in the physical market attributed to the rise in lead prices in futures trade.
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