Business Standard

Lead marginally up on spot demand

Speculators created fresh bets due to pick-up in demand in the spot market

Spot demand lifts lead prices in futures trade

Press Trust of India New Delhi
Lead futures traded a shade higher at Rs 109.10 per kg today as speculators created fresh bets due to pick-up in demand in the spot market.

At Multi Commodity Exchange, lead for delivery in November edged up 5 paise, or 0.05%, to Rs 109.10 per kg in a business turnover of 793 lots.

Analysts said besides pick-up in demand from battery makers, better trend in select base metals at the London Metal Exchange influenced lead prices in futures trade here.

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First Published: Nov 06 2015 | 11:42 AM IST

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