Lead futures today traded 0.39 per cent higher at Rs 102.60 per kg as speculators enlarged their positions, supported by strong spot demand and a firming trend in global markets.
At the Multi Commodity Exchange, lead for delivery in June gained 40 paise, or 0.39%, at Rs 102.60 per kg, with a turnover of 1,179 lots.
The July contract rose by a similar margin to trade at Rs 104.15 per kg, with a turnover of 223 lots.
At the London Metal Exchange (LME), lead rose 1.01% to $1,806 a tonne.
Analysts said creation of fresh positions by speculators, driven by a firm spot demand and a firm trend in base metals at the LME, mainly influenced the lead prices at futures trade.
