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Lead up 0.2% on spot demand, overseas cues

Metal for delivery in April rose by 0.04%

Press Trust of India New Delhi
Lead futures were marginally up by 0.23% at Rs 130.10 per kg on rising spot demand and positive cues from global markets.

At the Multi Commodity Exchange, lead for delivery in January traded 30 paise, or 0.23%, higher at Rs 130.10 per kg, with a turnover of 34 lots.

The metal for delivery in April also rose by just five paise, or 0.04%, to trade at Rs 128.85 per kg in a turnover of 1,233 lots.

Marketmen said besides domestic demand from battery-makers, a firm trend at the London Metal Exchange after manufacturing expanded in China and the US, the world's biggest users, influenced lead prices at futures trade here.

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First Published: Dec 04 2013 | 12:43 PM IST

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