Lead up by 0.4% on strong spot demand

A firm trend in select base metals at the London Metal Exchange also influenced lead prices

Lead futures prices today rose 0.41% to Rs 134.30 per kg on rising spot demand and positive cues from global markets.

 

At the Multi Commodity Exchange, lead for delivery in October traded 55 paise, or 0.41%, higher at Rs 134.30 per kg, with a turnover of 432 lots.

 

The metal for delivery in November also rose by 30 paise, or 0.22%, to trade at Rs 135.20 per kg, in a business turnover of 206 lots.

 

Marketmen said besides strong domestic demand from battery-makers, a firm trend in select base metals at the London Metal Exchange influenced lead prices at futures trade here.