 "Lead up 0.2% on spot demand, overseas cues")
Lead futures prices today rose by 0.20% on rising demand at domestic spot markets amid a firming trend in the global markets.
At the Multi Commodity Exchange, lead for delivery in August traded 25 paise, or 0.20%, higher at Rs 123.10 per kg, with a turnover of 85 lots.
Lead for delivery in July also up by 20 paise, or 0.16%, to trade at Rs 122.45 per kg, in a business turnover of 1,821 lots.
At the LME, lead traded a shade higher at $2,051 per tonne at the London Metal Exchange.
At the Multi Commodity Exchange, lead for delivery in August traded 25 paise, or 0.20%, higher at Rs 123.10 per kg, with a turnover of 85 lots.
Lead for delivery in July also up by 20 paise, or 0.16%, to trade at Rs 122.45 per kg, in a business turnover of 1,821 lots.
Also Read
Marketmen said besides strong domestic demand from battery-makers, a firm trend in base metals at the London Metal Exchange (LME) as some feels a slowdown in manufacturing in China, the biggest user, had been factored into prices after the biggest quarterly drop in almost two years, influenced lead prices at futures trade here.
At the LME, lead traded a shade higher at $2,051 per tonne at the London Metal Exchange.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%