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Lead up on strong spot demand

Strong demand from battery-makers influenced lead futures trade

Press Trust of India  |  New Delhi 

Lead futures for March traded 20 paise, or 0.16% higher at Rs 121.55 per kg in 3,887 lots.

At the Multi Commodity Exchange (MCX), the April contract rose by a similar margin to Rs 122.35 per kg in 322 lots.

Strong domestic demand particularly from battery-makers mainly influenced lead futures trade.

However, metal's weakness at the London Metal Exchange (LME), limited the gains.

First Published: Fri, March 15 2013. 14:47 IST