NEW DELHI, Apr 7: Lead futures prices today rose by 0.20 per cent, to Rs 123.60 per kg after speculators enlarged positions amid rising spot demand.
However, metal’s weakness at the London Metal Exchange (LME) also, limited the gains.
At the Multi Commodity Exchange, lead for delivery in April traded 25 paise, or 0.20 per cent, higher at Rs 123.60 per kg, with a turnover of 681 lots.
The metal for delivery in May also rose by 10 paise, or 0.08 per cent, to trade at Rs 124.65 per kg, in a business turnover of 19 lots.
Marketmen said strong domestic demand from battery-makers in the spot markets, helped lead futures to trade higher but a weakening trend in copper and other base metals at the LME, restricted gains. (PTI)
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