Lead futures were trading higher during the morning trade in the domestic market on Monday as investors and speculators widened their bets in the industrial metal led by pick up in physical demand for lead, from battery-makers, in the domestic spot market.
Further, an upsurge in demand from battery-makers in the domestic spot market, supported prices of lead at futures trade. At the MCX, lead futures for October 2016 contract is trading at Rs 133.50 per kg, up by 0.11 per cent, after opening at Rs 133.60, against a previous close of Rs 133.35. It touched the intra-day high of Rs 133.70
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