Business Standard

Lead gains by 0.2% on spot demand

The metal's gain in overseas market also influenced lead prices in futures trade.

Press Trust of India New Delhi
Lead futures rose marginally by 0.22% to Rs 115.60 per kg today amid demand at the domestic spot market and a firming global trend.

At Multi Commodity Exchange, lead for delivery in June traded higher by 25 paise, or 0.22%, to Rs 115.60 per kg, with a turnover of 535 lots.

The metal for delivery in July gained 25 paise, or 0.21%, to Rs 116.75 per kg in a business volume of six lots.

Analysts said apart from domestic demand, mainly from battery-makers, the metal's gain in overseas market too influenced lead prices in futures trade.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 18 2015 | 11:32 AM IST

Explore News