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Lead futures marginally up in thin trade

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Press Trust of India New Delhi
Last Updated : Jan 25 2013 | 2:53 AM IST

Lead prices rose marginally by 0.12 per cent in futures trade today in tandem with a firm trend at spot markets.     

At the Multi Commodity Exchange, lead for delivery in March gained 15 paise, or 0.12 per cent, to Rs 120.80 per kg, with a trade turnover of 7 lots.

The metal for delivery in February contract also edged higher by 5 paise, or 0.04 per cent, to Rs 120.75 per kg, with a business turnover of 13 lots.

Market analysts said pick up in demand at the spot market from battery makers, helped lead futures to trade higher.

Meanwhile, at the London Metal Exchange, lead traded flat at $2,640 per tonne.

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First Published: Feb 15 2011 | 2:27 PM IST

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