NEW DELHI, Mar 15: Supported by strong demand in the spot market, lead futures prices today rose marginally to Rs 121.55 per kg.
However, metal’s weakness at the London Metal Exchange (LME), limited the gains.
At the Multi Commodity Exchange, lead for delivery in March traded 20 paise, or 0.16 per cent higher at Rs 121.55 per kg, with a turnover of 3,887 lots.
The metal for delivery in April also rose by a similar margin to Rs 122.35 per kg in a business volume of 322 lots.
Marketmen said strong domestic demand, particularly from battery-makers mainly influenced lead prices at futures trade here but a weak trend in metal at the LME, restricted the upside. (PTI)
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