 "Lead rises by 0.9% on firm spot demand")
Lead futures rose 0.89% to Rs 118.95 per kg today on strong demand at domestic spot markets amid a firming trend overseas.
At the Multi Commodity Exchange, lead for delivery in May traded higher by Rs 1.05, or 0.89%, to Rs 118.95 per kg in a turnover of just one lot.
The metal for delivery in April rose 45 paise, or 0.38%, to Rs 117.65 per kg in a turnover of 122 lots.
Traders said besides good demand from battery-makers, a firming trend in base metals at the London Metal Exchange (LME), influenced lead futures here.
At the Multi Commodity Exchange, lead for delivery in May traded higher by Rs 1.05, or 0.89%, to Rs 118.95 per kg in a turnover of just one lot.
The metal for delivery in April rose 45 paise, or 0.38%, to Rs 117.65 per kg in a turnover of 122 lots.
Traders said besides good demand from battery-makers, a firming trend in base metals at the London Metal Exchange (LME), influenced lead futures here.