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Lead up by 0.44% on firm spot demand

Strong domestic demand from battery-makers influenced lead prices

Press Trust of India New Delhi
Last Updated : Jul 15 2013 | 11:16 AM IST
Lead futures prices today gained 0.44% on rising demand at domestic spot markets amid a firming trend in the global markets after China released data showing the economy grew in line with expectations in the April-June quarter.
 
At the Multi Commodity Exchange, lead for delivery in August traded 55 paise, or 0.44%, higher at Rs 125.30 per kg, with a turnover of 23 lots.
 
The metal for delivery in July also up by 45 paise, or 0.36%, to trade at Rs 124.2 per kg, in a business turnover of 524 lots.
 
Marketmen said besides strong domestic demand from battery-makers, a firm trend in base metals at the London Metal Exchange (LME) after China's economy grew in the second quarter in line with expectations.

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First Published: Jul 15 2013 | 11:13 AM IST

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