Business Standard

Lead up 0.3% on firm spot demand

Marketmen said strong domestic demand from battery-makers mainly influenced lead prices at futures trade

Press Trust of India New Delhi
Lead futures prices today gained 0.39% as speculators created positions on the back of rising demand at domestic spot markets
 
At the Multi Commodity Exchange, lead for delivery in October traded 50 paise, or 0.39%, higher at Rs 129.55 per kg, with a turnover of 1,156 lots.
 
The metal for delivery in November also up by 50 paise, or 0.38%, to trade at Rs 130.20 per kg, in a business turnover of 47 lots.
 
Marketmen said strong domestic demand from battery-makers mainly influenced lead prices at futures trade but weakness in copper and other base metals at the London Metal Exchange, limited the gains. 
 

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First Published: Oct 09 2013 | 12:59 PM IST

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