NEW DELHI, Sept 12: Lead futures traded marginally up by 0.12 per cent to Rs 130 per kg today on a firming trend in base metals in the global markets amid increased demand from domestic battery-makers.
At the Multi Commodity Exchange, lead for delivery in October traded higher by 15 paise, or 0.12 per cent, at Rs 130 per kg, with a turnover of two lots, while prices for delivery in September remained steady at Rs 128.95 per kg in a turnover of 235 lots.
Marketmen said apart from rising demand in the spot markets from domestic battery-makers and other consuming industries, a firming trend in base metals at the London Metal Exchange ahead of industrial output data from China, the biggest consumer of base metals, supported the upside in lead futures here. (PTI)
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