Business Standard

Monday, January 06, 2025 | 12:53 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Lead futures up 0.71% on global cues, spot demand

Image

Press Trust of India New Delhi

Tracking a firm trend in other base metals amid strong global cues, lead futures traded 0.71% higher today. 

At the Multi Commodity Exchange, lead for July delivery moved up by 85 paise, or 0.71%, to Rs 121.40 per kg, with a business turnover of 1,444 lots.  

Likewise, the metal for August delivery rose by 80 paise, or 0.66%, to Rs 122.10 per kg, with a turnover of 99 lots.

Market analysts said a firm trend in copper and other base metals at the London Metal Exchange, on the back of tumbling inventories and good demand, mainly influenced lead and other base metal prices in the futures trade.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 18 2011 | 1:51 PM IST

Explore News