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Lead futures edge up by 0.10% on positive spot cues

Press Trust of India  |  New Delhi 

Lead prices inched up by 0.10 per cent to Rs 144.80 per kg in futures trade today as participants built up fresh positions, taking positive cues from the spot market.

At the Multi Commodity Exchange, lead for delivery in August edged higher by 15 paise, or 0.10 per cent, to Rs 144.80 per kg in business turnover of 457 lots.

Likewise, the for delivery in September contracts was trading higher by 10 paise, or 0.07 per cent, to Rs 145.75 per kg in 6 lots.

Analysts said fresh positions created by participants after uptick in demand from battery-makers in the physical market led to the rise in lead prices in futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 10 2018. 10:40 IST