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Lead up 0.3% on spot demand, global cues

Metal for delivery in September rose 0.28%

Press Trust of India New Delhi
Lead futures rose 0.35% to Rs 127.85 per kg today on strong spot demand amid a firming trend overseas.

At the Multi Commodity Exchange, lead for delivery in October traded higher by 45 paise, or 0.35%, to Rs 127.85 per kg, with a turnover of four lots.

The metal for delivery in September rose 35 paise, or 0.28%, to Rs 126.75 per kg in a turnover of 280 lots.

Traders said besides good demand from battery-makers, a firming trend in copper and other base metals at the London Metal Exchange (LME) on China factory data, influenced lead futures prices here.
 

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First Published: Sep 23 2014 | 11:00 AM IST

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