Lead Futures Were Little Changed During Morning Trade

Lead futures were little changed during morning trade in the domestic market on Tuesday as investors and speculators indulged in building up fresh bets in the industrial metal as physical demand picked up for lead, from battery-makers, in the domestic spot market. 

Further, a surge in physical demand from battery-makers in the domestic spot market, supported prices of lead at futures trade. At the MCX, lead futures for June 2017 contract is trading at Rs 137.10 per kg, up by 0.07 per cent, after opening at Rs 137.15, against a previous close of Rs 137. It touched the intra-day high of Rs 137.25.

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Suhani Verma

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