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Lead marginally up on spot demand

Positive cues from global markets also influenced prices

Press Trust of India New Delhi
Lead futures were up by 0.08% at Rs 130.50 per kg on rising spot demand and positive cues from global markets.

At the Multi Commodity Exchange, lead for delivery in November traded higher by 10 paise, or 0.08%, at Rs 130.50 per kg, with a turnover of 12 lots.

The metal for delivery in February, however, held flat at Rs 129.55 per kg in 314 lots.

Marketmen said besides rising domestic demand from battery-makers, a firm trend in copper and other base metals at the London Metal Exchange, influenced lead prices at futures trade here.

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First Published: Oct 07 2014 | 11:50 AM IST

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