Lead futures advance 0.33 pc driven by spot demand

Lead prices rose by 0.33 per cent to Rs 152.15 per kg in futures trade today as speculators built up positions, driven by a firming trend at the spot market on rising demand from battery makers.

At the Multi Commodity Exchange, lead for delivery in current month was up 50 paise, or 0.33 per cent, at Rs 152.15 per kg, in a business turnover of 94 lots.

According to market analysts, rising demand from battery makers at spot markets helped lead futures trade higher.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)