New Delhi, Jan 29 (PTI) Amid pick up in demand from consuming industries in the spot market and positive global cues, lead prices were up 1.92 per cent to Rs 167.40 per kg in futures trade today. Also Read - Gold Prices Down on Sixth Consecutive Day by 0.05% to Rs 37,551 Per 10 Gram on MCX
At the Multi Commodity Exchange, lead for delivery in January rose by Rs 3.15, or 1.92 per cent, to Rs 167.40 per kg, in a business turnover of 1,002 lots. Also Read - Crude oil prices up 1.4% on upbeat global cues
Similarly, the metal for delivery in February edged higher by Rs 2.90 paise, or 1.76 per cent, to Rs 167.90 per kg in 203 lots. Also Read - Zinc futures marginally up on firm spot cues
Market analysts said fresh positions created by traders amid upsurge in demand from battery-makers in the spot market and a firming trend overseas led to the rise in lead prices.
This is published unedited from the PTI feed.