Lead up 0.2% on strong spot demand
Prices rose as speculators created fresh positions
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Lead futures for April traded 25 paise, or 0.21% higher at Rs 118.25 per kg in 147 lots.
At the Multi Commodity Exchange (MCX), the March contract rose by 20 paise, or 0.17%, to trade at Rs 117.50 per kg in 2,508 lots.
Prices rose as speculators created fresh positions.
Strong domestic demand from battery-makers influenced lead futures trade here.
But, metal's weakness at the London Metal Exchange (LME) limited the upside.
At the Multi Commodity Exchange (MCX), the March contract rose by 20 paise, or 0.17%, to trade at Rs 117.50 per kg in 2,508 lots.
Prices rose as speculators created fresh positions.
Strong domestic demand from battery-makers influenced lead futures trade here.
But, metal's weakness at the London Metal Exchange (LME) limited the upside.
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First Published: Mar 19 2013 | 2:19 PM IST