Lead futures were trading higher during morning trade in the domestic market on Wednesday as investors and speculators extended their positions in the industrial metal on rising physical demand for lead, from battery-makers, in the domestic spot market.
Further, a surge in physical demand from battery-makers in the domestic spot market, supported prices of lead at futures trade.
At the MCX, lead futures for June 2017 contract is trading at Rs 147.30 per kg, up by 0.27 per cent, after opening at Rs 146.90, against a previous close of Rs 146.90. It touched the intra-day high of Rs 147.60 (at 10:44 hours).
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