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Lead futures up by 0.30% on spot cues

Press Trust of India  |  New Delhi 

Lead prices inched up by 0.30 per cent to Rs 167.15 per kg in futures market today as traders built up fresh positions, taking positive cues from spot market.

At the Multi Commodity Exchange, lead for delivery in June edged higher by 50 paise, or 0.30 per cent to Rs 167.15 per kg in business turnover of 179 lots.

Likewise, the for delivery in far-month July was trading higher by a similar margin at Rs 168 per kg in 2 lot.

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

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

First Published: Mon, June 11 2018. 11:10 IST