Business Standard

Thursday, January 09, 2025 | 10:22 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Lead futures rise 0.82% as demand picks up

Image

Press Trust of India New Delhi

Lead prices traded higher by 0.82 per cent to Rs 141.35 per kg in futures trade today as participants built up fresh positions, driven by upsurge in

demand at the spot market.

At the Multi Commodity Exchange, lead for delivery in August rose by Rs 1.15, or 0.82 per cent to Rs 141.35 per kg in business turnover of 2,169 lots.

Likewise, the metal for delivery in September edged up by 70 paise, or 0.49 per cent to Rs 142.15 per kg in 30 lots.

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

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

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

First Published: Aug 23 2018 | 11:40 AM IST

Explore News