Lead up 0.2% on strong spot demand

Strong demand from battery-makers supported the trade

futures for January traded 25 paise, or 0.20% higher at Rs 126.45 per kg in 1,174 lots.

At the Multi Commodity Exchange, the February contract also rose by 15 paise, or 0.12% to trade at Rs 127.05 per kg in 212 lots.

Fresh positions by speculators, strong demand from battery-makers supported the trade.

Data showing a jump in effected a firm trend at the London Metal Exchange.

Speculations of an economic recovery in Europe that may increase demand for metals also triggered the uptrend globally.

image
Business Standard
177 22
Business Standard

Lead up 0.2% on strong spot demand

Strong demand from battery-makers supported the trade

Press Trust of India  |  New Delhi 

futures for January traded 25 paise, or 0.20% higher at Rs 126.45 per kg in 1,174 lots.

At the Multi Commodity Exchange, the February contract also rose by 15 paise, or 0.12% to trade at Rs 127.05 per kg in 212 lots.

Fresh positions by speculators, strong demand from battery-makers supported the trade.

Data showing a jump in effected a firm trend at the London Metal Exchange.

Speculations of an economic recovery in Europe that may increase demand for metals also triggered the uptrend globally.

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Lead up 0.2% on strong spot demand

Strong demand from battery-makers supported the trade

Lead futures for January traded 25 paise, or 0.20% higher at Rs 126.45 per kg in 1,174 lots.

futures for January traded 25 paise, or 0.20% higher at Rs 126.45 per kg in 1,174 lots.

At the Multi Commodity Exchange, the February contract also rose by 15 paise, or 0.12% to trade at Rs 127.05 per kg in 212 lots.

Fresh positions by speculators, strong demand from battery-makers supported the trade.

Data showing a jump in effected a firm trend at the London Metal Exchange.

Speculations of an economic recovery in Europe that may increase demand for metals also triggered the uptrend globally.

image
Business Standard
177 22

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