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Spot demand lifts lead by 0.2%

However, metal's weakness overseas, capped the gains

Spot demand lifts lead by 0.2%

Press Trust of India New Delhi
Lead futures traded 0.22% higher at Rs 113.55 per kg, supported by a firming trend at the domestic spot markets following pick up in demand from consuming industries even as metal weakened overseas.

At Multi Commodity Exchange, lead for delivery in current month was up 25 paise or 0.22% to Rs 113.55 per kg in a business turnover of 528 lots.

Lead for delivery in October was trading 15 paise, or 0.13% higher at Rs 114.60 per kg in 11 lots.

Marketmen said rising demand at domestic spot markets from battery-makers influenced lead prices in futures trade but metal's weakness overseas, capped the gains.

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First Published: Sep 18 2015 | 12:07 PM IST

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