Lead up by 0.8% on spot demand

A firming trend in base metals also influenced the prices of lead

Lead futures prices today rose by 0.77% to Rs 144.40 on rising demand at domestic markets amid a firming trend in base metals overseas.

 

At the Multi Commodity Exchange, lead for delivery in August traded Rs 1.10, or 0.77%, higher at Rs 144.40 per kg, with a turnover of 745 lots.

 

The metal for delivery in September also rose by Re one, or 0.70%, to trade at Rs 144.15 per kg, in a business turnover of 128 lots.

 

Marketmen said strong domestic demand from battery-makers and a firming trend in base metals mainly attributed rise in lead futures here.