Lead prices traded higher by 60 paise to Rs 155.95 per kg in futures trade on Tuesday as participants built up fresh positions driven by pick-up in demand at the spot market.
On the Multi Commodity Exchange, lead for delivery in October edged higher by 60 paise, or 0.39 per cent, to Rs 155.95 per kg in a business volume of 1,871 lots.
Lead contracts for November delivery traded up by 10 paise, or 0.06 per cent, to Rs 156.05 per kg in a business turnover of 4 lots.
Market analysts said fresh positions created by traders due to upsurge in demand by battery-makers in the physical market mainly helped lead prices to trade higher.
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