Lead futures up 0.43% on rising demand
07/09/2016 11:01
Lead futures were trading higher during the morning trade in the domestic market on Wednesday as investors and speculators widened their bets in the industrial metal due to upsurge in physical demand for lead, from battery-makers, in the domestic spot market. Further, a rise in demand from battery-makers in the domestic spot market, supported prices of lead at the domestic spot markets. At the MCX, lead futures for September 2016 contract is trading at Rs 129.10 per kg, up by 0.43 per cent, after opening at Rs 128.90, against a previous close of Rs 128.55. It touched the intra-day high of Rs 129.20 (at 11:01 hours).
