NEW DELHI, Dec 5: Supported by rising domestic demand and a global trend, lead futures edged up by 0.21 per cent to Rs 122.20 per kg after speculators created positions.
At the Multi Commodity Exchange, lead for delivery in December traded 25 paise, or 0.21 per cent higher, at Rs 122.20 per kg, with a turnover of 1,227 lots.
The metal for delivery in January also rose by 25 paise to trade at Rs 122.50 per kg, with a turnover of 84 lots.
Marketmen said besides strong demand from battery-makers, a firm trend in copper and other base metals at the London Metal Exchange (LME) on expectations demand may rise after China’s Politburo said it would keep economic policies stable, supported the upside in lead futures prices. (PTI)
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