Lead prices rose further by 0.44 per cent to Rs 126.70 per kg in futures trade today as participants engaged in enlarging their positions, driven by rising demand from consuming industries at spot market.
At the Multi Commodity Exchange, lead for delivery in August moved up by 55 paise, or 0.44 per cent, to Rs 126.70 per kg, in a business turnover of 90 lots.
Likewise, the metal for delivery in July edged up by 45 paise, or 0.36 per cent, to Rs 125.90 per kg in 5,938 lots.
Analysts said increasing of positions by traders on the back of firm demand from consuming industries, particularly from battery-makers, kept lead prices higher at futures trade.
Firm trend overseas also supported the upside, they said.
