Business Standard

Lead up by 0.8% on spot demand

Strong domestic demand from battery-makers influenced the prices of lead

Press Trust of India New Delhi
Lead futures prices today rose by 0.77%, to Rs 124.15 on rising demand at domestic markets and positive cues from global markets.
 
At the Multi Commodity Exchange, lead for delivery in July traded 90 paise, or 0.77% higher at Rs 124.15 per kg, with a turnover of 1,056 lots.
 
The metal for delivery in August also rose by 80 paise, or 0.64%, to trade at Rs 124.90 per kg, in a business turnover of 1,034 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.
 
 
Meanwhile, at the London Metal Exchange, lead added 0.50% to $2,040.75 a tonne.

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First Published: Jul 31 2013 | 11:50 AM IST

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