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Lead futures rise 0.18% on pick-up in demand

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Press Trust of India New Delhi
Last Updated : Aug 18 2015 | 12:28 PM IST
Lead prices traded higher by 0.18 per cent to Rs 112.75 per kg in futures market today as speculators indulged in building up positions amid pick-up in demand in the spot market.
Besides, metal's strength at the London Metal Exchange (LME) too supported the upside.
At the Multi Commodity Exchange, lead for delivery in current month edged up 20 paise, or 0.18 per cent, to Rs 112.75 per kg in a business turnover of 337 lots.
Analysts said fresh positions created by speculators due to pick-up in demand from battery makers in the spot market and metal's strength at the LME influenced lead prices at futures trade.

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First Published: Aug 18 2015 | 12:28 PM IST

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