 "Lead up 0.1% on spot demand, overseas cues")
Lead futures prices rose marginally by 0.07% today to trade at Rs 135.50 per kg on rising demand in spot markets and positive cues from global markets.
At the Multi Commodity Exchange, lead for delivery in November traded 10 paise, or 0.07%, higher at Rs 135.50 per kg, with a turnover of 1,229 lots.
The metal for delivery in December also rose by a similar margin to trade at Rs 136.55 per kg, in a business turnover of 133 lots.
Analysts said besides strong domestic demand from battery-makers, a firm trend in base metals at the London Metal Exchange influenced lead prices at futures trade here.
At the Multi Commodity Exchange, lead for delivery in November traded 10 paise, or 0.07%, higher at Rs 135.50 per kg, with a turnover of 1,229 lots.
The metal for delivery in December also rose by a similar margin to trade at Rs 136.55 per kg, in a business turnover of 133 lots.
Analysts said besides strong domestic demand from battery-makers, a firm trend in base metals at the London Metal Exchange influenced lead prices at futures trade here.
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