 "Lead marginally up on spot demand")
Lead futures rose marginally to Rs 106.05 per kg today on the back of strong demand in spot market and a firming trend overseas.
At Multi Commodity Exchange, lead for delivery in October traded higher by 10 paise, or 0.09%, at Rs 106.05 per kg with a turnover of 428 lots.
Metal for delivery in November also rose by a similar margin to trade at Rs 107.15 per kg with a modest volume of just three lots.
Marketmen said pick-up in domestic demand, particularly from battery-makers, and a firming trend in select base metals at the London Metal Exchange (LME), influenced lead prices in futures trade here.
At Multi Commodity Exchange, lead for delivery in October traded higher by 10 paise, or 0.09%, at Rs 106.05 per kg with a turnover of 428 lots.
Metal for delivery in November also rose by a similar margin to trade at Rs 107.15 per kg with a modest volume of just three lots.
Marketmen said pick-up in domestic demand, particularly from battery-makers, and a firming trend in select base metals at the London Metal Exchange (LME), influenced lead prices in futures trade here.
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