NEW DELHI, Sept 15: Lead prices moved up by 0.54 per cent to Rs 112.50 per kg in futures trade today as participants enlarged their positions, driven by pick-up in spot market demand and gains in base metals overseas.
At Multi Commodity Exchange, lead for delivery in October moved up by 60 paise, or 0.54 per cent, to Rs 112.50 per kg in a business turnover of 30 lots.
Likewise, the metal for delivery in September edged up by 50 paise, or 0.45 per cent, to Rs 111.40 per kg in 381 lots.
Market analysts attributed the rise in lead futures to speculators enlarging their positions following pick-up in demand from battery-makers in the spot market.
Besides, a firming trend in base metals overseas influenced metal prices. (PTI)
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