Business Standard

Lead futures edge 0.27 pc higher on spot demand

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Press Trust of India New Delhi
Lead prices edged higher by 0.27 per cent to Rs 147.30 per kg in futures trade today after traders enlarged positions amid pick-up in demand at domestic spot markets.

At the Multi Commodity Exchange, lead for delivery in June rose by 40 paise, or 0.27 per cent, to Rs 147.30 per kg in a business turnover of 482 lots.

The metal for delivery in July edged up by 35 paise, or 0.24 per cent, to Rs 148.10 per kg in 40 lots.

Market analysts said uptick in demand from battery-makers in the domestic spot markets, kept lead prices higher in futures trade.

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First Published: Jun 28 2017 | 11:07 AM IST

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