Lead Futures Gain 0.10% On Upsurge In Demand

Lead futures were trading marginally higher during morning trade in the domestic market on Friday as investors and speculators build up fresh positions in the industrial metal on an increase in physical demand for lead, from battery-makers, in the domestic spot market.

Further, a rise in physical demand from battery-makers in the domestic spot market, supported prices of lead at futures trade.At the MCX, lead futures for July 2017 contract is trading at Rs 147.85 per kg, up by 0.10 per cent, after opening at Rs 147.70, against a previous close of Rs 147.70. It touched the intra-day high of Rs 148.15.

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Suhani Verma

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