NEW DELHI, July 1: Lead futures prices today rose by 0.20 per cent on rising demand at domestic spot markets amid a firming trend in the global markets.
At the Multi Commodity Exchange, lead for delivery in August traded 25 paise, or 0.20 per cent, higher at Rs 123.10 per kg, with a turnover of 85 lots.
The metal for delivery in July also up by 20 paise, or 0.16 per cent, to trade at Rs 122.45 per kg, in a business turnover of 1,821 lots.
Marketmen said besides strong domestic demand from battery-makers, a firm trend in base metals at the London Metal Exchange (LME) as some feels a slowdown in manufacturing in China, the biggest user, had been factored into prices after the biggest quarterly drop in almost two years, influenced lead prices at futures trade here.
At the LME, lead traded a shade higher at USD 2,051 per tonne at the London Metal Exchange. (PTI)
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