Lead up 0.3% on strong spot demand
Prices rose as speculators enlarged their positions
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Lead futures for April traded 30 paise, or 0.26% higher at Rs 113.95 per kg in 5,541 lots.
At the Multi Commodity Exchange (MCX), the May contract also rose by 25 paise, or 0.22%, to trade at Rs 114.80 per kg in 118 lots.
Prices rose as speculators enlarged their positions amid rising spot demand.
Strong domestic demand from battery-makers also supported the trade.
At the London Metal Exchange (LME), lead gained 0.20% to $2,094 per tonne.
At the Multi Commodity Exchange (MCX), the May contract also rose by 25 paise, or 0.22%, to trade at Rs 114.80 per kg in 118 lots.
Prices rose as speculators enlarged their positions amid rising spot demand.
Strong domestic demand from battery-makers also supported the trade.
At the London Metal Exchange (LME), lead gained 0.20% to $2,094 per tonne.
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First Published: Apr 11 2013 | 3:56 PM IST