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Lead up 0.2% on spot demand

Metal for delivery in November edged up by 0.19%

Press Trust of India New Delhi
Lead prices traded higher by 0.23% to 132.65 per kg in futures trade today as speculators created fresh positions, supported by a rise in demand from battery-maker in the spot market.

At the Multi Commodity Exchange, lead for delivery in October traded higher by 30 paise, or 0.23%, to Rs 132.65 per kg in business turnover of 2,569 lots.

Likewise, the metal for delivery in November edged up by 25 paise, or 0.19%, to Rs 134.10 per kg in 181 lots.

Market analysts said fresh positions created by speculators due to rise in demand from battery-maker in the spot market helped lead prices to trade higher in futures trade.

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First Published: Oct 24 2013 | 3:47 PM IST

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