Lead 30 Nov Fut

MCX Lead is quoted in rupees per kilogram. A Lead Mini contract is available for smaller trades.

Most lead goes into lead-acid batteries for vehicles, inverters and power backup systems.

A large share of lead supply comes from recycled batteries, and battery replacement demand is steady. Together, these keep supply and demand relatively stable.

EVs mainly use lithium-ion batteries for propulsion, which could slow long-term lead demand. However, many vehicles still use lead-acid batteries for auxiliary power, and inverter and backup demand remains strong.

The main influences are automobile sales, battery demand, recycling supply, environmental regulations on smelters, and global prices.

Yes. Lead contracts on MCX are delivery-based, though most retail traders square off before the delivery period.