Lead futures were trading higher during the morning trade in the domestic market on Wednesday as participants widened their positions in the industrial metal amid a surge in physical demand for lead, from battery-makers, in the domestic spot market.
Further, increase in demand from battery-makers in the domestic spot market, supported the prices of lead in the spot markets. At the MCX, Lead futures for August 2016 contract is trading at Rs 121.15 per kg, up by 0.29 per cent, after opening at Rs 120.80, against a previous close of Rs 120.80. It touched the intra-day high of Rs 121.30
Further, increase in demand from battery-makers in the domestic spot market, supported the prices of lead in the spot markets. At the MCX, Lead futures for August 2016 contract is trading at Rs 121.15 per kg, up by 0.29 per cent, after opening at Rs 120.80, against a previous close of Rs 120.80. It touched the intra-day high of Rs 121.30
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