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Lead rises by 0.4% on firm demand

A firming trend in the base metal at the London Metal Exchange also supported prices

Press Trust of India New Delhi
Lead futures rose 0.41% to Rs 123.75 per kg today on strong spot demand amid a firming trend overseas.

At the Multi Commodity Exchange, lead for delivery in May traded higher by 50 paise, or 0.41%, to Rs 123.75 per kg, with a turnover of 19 lots.

The metal for delivery in April rose 40 paise, or 0.33%, to Rs 123 per kg in a turnover of 798 lots.

Traders said besides good demand from battery makers, a firming trend in the base metal at the London Metal Exchange (LME) spurred lead futures here.
 

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First Published: Apr 10 2015 | 11:57 AM IST

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