Lead futures gain 0.20% on positive spot cues

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Press Trust of India New Delhi
Last Updated : Sep 10 2018 | 11:20 AM IST

Lead prices rose 0.20 per cent to Rs 149.50 per kg in futures market Monday as participants created fresh positions, taking positive cues from spot market on uptick in demand.

At the Multi Commodity Exchange, lead for delivery in October edged higher by 30 paise, or 0.20 per cent, to Rs 149.50 per kg in a business turnover of five lots.

Likewise, the metal for delivery in September contracts was up by 20 paise, or 0.13 per cent, to Rs 148.45 per kg in 389 lots.

Marketmen said building up of positions by traders backed by upsurge in demand from battery-makers at domestic spot market, supported the upside in lead prices in futures trade.

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First Published: Sep 10 2018 | 11:20 AM IST

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