 "Lead up 0.4% on firm spot demand, global cues")
Lead futures prices today rose by 0.40% to Rs 124.40 per kg on strong spot demand amid a firming trend overseas on the back of rebound in manufacturing in June in the US.
At the Multi Commodity Exchange, lead for delivery in July traded 50 paise, or 0.40% higher at Rs 124.40 per kg, with a turnover of 494 lots.
Lead for delivery in August rose by 45 paise, or 0.36%, to Rs 124.95 per kg in a turnover of 26 lots.
At the LME, lead gained 1.8% to $2,087.50 per tonne.
At the Multi Commodity Exchange, lead for delivery in July traded 50 paise, or 0.40% higher at Rs 124.40 per kg, with a turnover of 494 lots.
Lead for delivery in August rose by 45 paise, or 0.36%, to Rs 124.95 per kg in a turnover of 26 lots.
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Traders said besides good demand from battery-makers, a firming trend in the entire base metal pack at the London Metal Exchange (LME), after a report showed manufacturing in June rebounded in the US, the world's biggest metals consumer after China, influenced lead futures prices here.
At the LME, lead gained 1.8% to $2,087.50 per tonne.