Lead rebounded to trade in positive zone with prices rising by Rs 0.90, or 1.09 per cent, to Rs 83.2 per kg, in futures trade today supported by firming trend at the physical market on pick up in spot demand.
On the Multi Commodity Exchange platform, lead for delivery in August contract rose Rs 0.90, or 1.09 per cent, to Rs 83.25 per kg, clocking a business volume of 13 lots.
Similarly, the metal for delivery in July contract edged up by Rs 0.80, or 0.98 per cent, to Rs 82.10 per kg, with a business turnover of 483 lots.
The recovery in lead prices in futures trade was mostly attributed to firming trend at the spot markets on the back of strong demand, market analysts said.
