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Lead marginally up by 0.2% on overseas trend

A firming trend in base metals in the global markets influenced the prices of lead

Press Trust of India New Delhi
Last Updated : Jul 19 2013 | 11:46 AM IST
Lead futures prices today traded a shade higher at Rs 121.75 per kg largely in line with firming trend in base metals in the global markets.
 
At the Multi Commodity Exchange, lead for delivery in July traded 25 paise, or 0.21%, higher at Rs 121.75 per kg, with a turnover of 1,167 lots, while prices for delivery in August gained 20 paise, or 0.16%, to Rs 122.65 per kg in a turnover of 71 lots.
 
At the London Metal Exchange (LME) lead gained 0.3% to $2,036.50 a tonne.
 
Marketmen said a firming trend in base metals at the LME after a Federal Reserve report showed a bigger-than-expected gain in regional US manufacturing, signalling improved demand prospects for the metals, influenced lead prices at futures trade here.

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First Published: Jul 19 2013 | 11:44 AM IST

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