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Lead up marginally on spot demand, overseas cues

Higher offtake from domestic battery makers, firm trend at LME influence prices at futures trade

Press Trust of India New Delhi
Lead prices rose marginally to Rs 136.80 per kg in futures trade today, on rising spot demand and positive cues from global markets.
    
At the Multi Commodity Exchange, lead for delivery in December traded up 30 paise, or 0.22 per cent, higher at Rs 136.80 per kg with a turnover of 132 lots.
    
January lead gained 10 paise, or 0.07 per cent to trade at Rs 138.15 per kg, in a business turnover of 40 lots.
    
Marketmen said besides better demand from domestic 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: Dec 24 2013 | 11:45 AM IST

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