NEW DELHI, Aug 16: Lead futures prices today rose by 1.96 per cent to Rs 137.80 per kg as speculators created positions amid a firming trend at the London Metal Exchange and rising demand at domestic spot markets.
At the Multi Commodity Exchange, lead for delivery in September traded Rs 2.65, or 1.96 per cent, higher at Rs 137.80 per kg, with a turnover of 127 lots.
The metal for delivery in August also rose by Rs 2.55, or 1.89 per cent, to trade at Rs 137.55 per kg, in a business turnover of 956 lots.
Marketmen said besides strong domestic demand from battery-makers, a firm trend in metal at the London Metal Exchange on the back of strong US data influenced lead prices at futures trade here. (PTI)
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