Tuesday, 9 April 2019

Lead futures up on spot demand


Lead prices rose 1.09 percent to Rs 139 per kg in futures trade Monday amid pick-up in demand from consuming industries at the spot market.

At the Multi Commodity Exchange, lead for delivery in April was trading up by Rs 1.50, or 1.09 percent, to Rs 139 per kg, in a business turnover of 5,175 lots.

Market analysts said, fresh positions created by traders amid upsurge in demand from battery-makers in the spot market mainly led to the rise in prices here.

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Source: Moneycontrol

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