Lead futures edge up 0.05 pc on spot demand

Press Trust of India  |  New Delhi 

Lead prices were trading higher by 0.05 per cent to Rs 155 per kg in futures trade Tuesday as speculators built-up fresh positions, driven by pickup in demand in the spot market.

On the Multi Commodity Exchange, lead for delivery in current month edged higher by 5 paise, or 0.05 per cent to Rs 155 per kg in a business turnover of 4,369 lots.

Market analysts said, fresh positions created by traders due to upsurge in demand by battery-makers in the physical markets, mainly helped lead prices to trade higher at futures trade.

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

First Published: Tue, June 11 2019. 15:10 IST