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Lead prices edged up by 0.12% to Rs 123.45 per kg in futures trade today as speculators created fresh positions, driven by a rise in demand in the spot market amid a firm global trend.
At the Multi Commodity Exchange, lead for delivery in June traded tad higher by 15 paise, or 0.12%, to Rs 123.45 per kg in business turnover of 5,765 lots.
Similarly, lead for delivery in July traded higher by similar margin to Rs 123.95 per kg in 1,385 lots.
Market analysts said fresh positions created by speculators after a rise in demand in the spot market and a firm global trend mainly helped lead to trade marginally up at futures trade here.
Meanwhile, lead up by 1% to $2,051.50 a tonne on the London Metal Exchange.
