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Lead futures rose by 0.84 per cent today to Rs 132.80 per kg after speculators created fresh positions driven by rising demand in the spot market amid a firming trend overseas.
At the Multi Commodity Exchange, lead for delivery in February traded higher by Rs 1.10, or 0.84 per cent, to Rs 132.80 per kg, with a turnover of 294 lots.
The March contract rose by Rs 1.05, or 0.83 per cent, to trade at Rs 133.85 per kg, in a business turnover of 26 lots.
Marketmen said apart from strong domestic demand from battery makers, a firming trend in the base metals pack at the London Metal Exchange, influenced lead prices at futures trade here.
