 "Lead up by 0.3% on spot demand")
Lead futures rose 0.30% to Rs 115.45 per kg today, driven by rising demand at the spot market and a firming trend overseas.
At the Multi Commodity Exchange, lead for delivery in July contracts traded higher by 35 paise, or 0.30%, at Rs 115.45 per kg, with a turnover of 683 lots.
The commodity for delivery in August also rose by a similar margin to trade at Rs 116.45 per kg in a turnover of 17 lots.
Marketmen said apart from a firming trend at the domestic spot market on the back of rising demand from battery makers, strength in base metals at the London Metal Exchange, influenced lead prices in futures trade.
At the Multi Commodity Exchange, lead for delivery in July contracts traded higher by 35 paise, or 0.30%, at Rs 115.45 per kg, with a turnover of 683 lots.
The commodity for delivery in August also rose by a similar margin to trade at Rs 116.45 per kg in a turnover of 17 lots.
Marketmen said apart from a firming trend at the domestic spot market on the back of rising demand from battery makers, strength in base metals at the London Metal Exchange, influenced lead prices in futures trade.
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