Business Standard

Lead futures edge up by 0.18% on spot demand


Press Trust of India New Delhi
Lead prices edged higher by 0.18 per cent to Rs 167.90 per kg in futures trade today as speculators built up fresh positions due to uptick in demand in the spot market.

At the Multi Commodity Exchange, lead for delivery in March month edged up by 30 paise, or 0.18 per cent, to Rs 167.90 per kg in business turnover of 82 lots.

Likewise, the metal for delivery in February contracts was enquired higher by 20 paise, or 0.12 per cent, to Rs 167.55 per kg in 1,151 lots.

Market analysts said fresh positions created by traders following improved demand from battery-makers in the physical market attributed to the rise in lead prices in futures trade.

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First Published: Feb 27 2018 | 11:45 AM IST

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