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Amid covering-up of short positions by speculators and rising demand in the spot markets, lead futures prices today rose by 0.25% to Rs 119.25 per kg.
Besides, metals's gains at the London Metal Exchange (LME), also pushed the prices.
At the Multi Commodity Exchange (MCX), the May contract traded 30 paise, or 0.25%, higher at Rs 119.25 per kg in 2,439 lots.
The June contract also rose by 15 paise, or 0.13%, to Rs 119.30 per kg in 545 lots.
Globally, lead increased 0.2% to $2,123 per tonne at the LME.
Marketmen said covering-up of short positions at prevailing levels by speculators amid a firm domestic demand a higher trend in metal overseas, mainly influenced lead prices at futures trade.
