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Lead up 0.4% on firm spot demand, global cues

Metal for delivery in July rose 0.39%

Press Trust of India New Delhi
Lead futures rose 0.44% to Rs 126.70 per kg today on strong spot demand amid a firming trend overseas.

At the Multi Commodity Exchange, lead for delivery in June traded higher by 55 paise, or 0.44%, to Rs 126.70 per kg, with a turnover of 333 lots.

The metal for delivery in July rose 50 paise, or 0.39%, to Rs 127.70 per kg in a turnover of 8 lots.

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

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First Published: Jun 11 2014 | 12:02 PM IST

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