Spot demand lifts lead prices at futures trade

NEW DELHI, Aug 27:  Lead prices were up 0.69 per cent to Rs 109.10 per kg in futures trading today as speculators indulged in creating fresh position due to pick up in demand in the spot market.
At the Multi Commodity Exchange, lead for delivery in August edged up 75 paise, or 0.69 per cent to Rs 109.10 per kg in business turnover of 206 lots.
Likewise, the metal for delivery in September contracts traded higher by 65 paise, or 0.59 per cent to Rs 110.30 per kg in 18 lots.
Analysts said besides pick up in demand from battery makers, better trend in copper and other base metals at the London Metal Exchange, influenced lead prices at futures trade here. (PTI)