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Lead futures up 0.71% on global cues, spot demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 10:58 PM IST

Tracking a firm trend in other base metals amid strong global cues, lead futures traded 0.71% higher today. 

At the Multi Commodity Exchange, lead for July delivery moved up by 85 paise, or 0.71%, to Rs 121.40 per kg, with a business turnover of 1,444 lots.  

Likewise, the metal for August delivery rose by 80 paise, or 0.66%, to Rs 122.10 per kg, with a turnover of 99 lots.

Market analysts said a firm trend in copper and other base metals at the London Metal Exchange, on the back of tumbling inventories and good demand, mainly influenced lead and other base metal prices in the futures trade.

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First Published: Jul 18 2011 | 1:51 PM IST

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