Business Standard

Lead up 0.3% on spot demand, overseas cues

Higher offtake from battery makers and firm trend on LME influence futures prices

Press Trust of India New Delhi
Lead futures gained 0.30 per cent today on rising demand at domestic spot markets and positive cues from global markets.
    
At the Multi Commodity Exchange, lead for delivery in March traded higher by 40 paise, or 0.30 per cent, to Rs 133.05 per kg, with a business turnover of five lots.
    
The metal for delivery in February also rose 30 paise, or 0.23 per cent, to trade at Rs 131.85 per kg, in a business turnover of 321 lots.
    
Marketmen said besides strong domestic demand from battery-makers, a firm trend in base metals at the London Metal Exchange, influenced lead prices at futures trade here.

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First Published: Feb 14 2014 | 12:11 PM IST

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