Business Standard

Lead futures marginally up on spot cues

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Press Trust of India New Delhi

Lead prices were marginally higher by 0.06 per cent to Rs 168.25 per kg in futures market today as traders built up some positions, taking positive cues from spot market on improved demand.

At the Multi Commodity Exchange, lead for delivery in

June edged up by 10 paise, or 0.06 per cent to Rs 168.25 per kg in business turnover of 263 lots.

Likewise, the metal for delivery in far-month July was trading higher by a similar margin to Rs 168.50 per kg in 1 lot.

Analysts said fresh positions created by participants following uptick in demand from battery-makers in the physical market mainly led to the rise in lead prices at futures trade.

 

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First Published: Jun 05 2018 | 11:40 AM IST

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