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Lead up by 0.8% on strong spot demand

A firm trend in the entire base metals pack also influenced prices

Press Trust of India New Delhi
Lead futures were up 0.8% at Rs 137.80 per kg on rising spot demand and positive cues from global markets.

At the Multi Commodity Exchange, lead for delivery in January traded Rs 1.15, or 0.84%, higher at Rs 137.80 per kg, with a turnover of 339 lots.

The metal for delivery in February also rose by Rupee one, or 0.73%, to trade at Rs 138.75 per kg, in a business turnover of 13 lots.

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

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First Published: Jan 02 2014 | 11:10 AM IST

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