Lead up 0.2% on pick-up in demand

Metal for delivery in February edged up by 0.18%

Lead prices rose by 0.22% to Rs 134.85 per kg in futures trade today as speculators created fresh positions after pick-up in demand from battery-makers in the spot market.

At the Multi Commodity Exchange, lead for delivery in January traded higher by 30 paise, or 0.22%, to Rs 134.85 per kg in a business turnover of 1,225 lots.

Likewise, the metal for delivery in February edged up by 25 paise, or 0.18%, to Rs 136.20 per kg in 101 lots.

Market analysts said speculators created fresh positions after pick-up in demand from battery-makers in the spot market helped lead prices to trade higher at futures market.