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Lead futures up on firm demand

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Press Trust of India New Delhi
Last Updated : Aug 23 2019 | 1:55 PM IST

Lead prices were trading higher by 0.13 per cent to Rs 155.25 per kg in futures trade on Friday as participants built up fresh positions driven by pick-up in demand at the spot market.

On the Multi Commodity Exchange, lead for delivery in August contracts edged higher by 20 paise, or 0.13 per cent, to Rs 155.25 per kg in a business volume of 1,131 lots.

Market analysts said fresh positions created by traders due to upsurge in demand by battery-makers in the physical market mainly helped lead prices to trade higher.

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First Published: Aug 23 2019 | 1:55 PM IST

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