Lead up 0.8% on overseas cues
Besides, strong spot demand had a positive impact on the trade
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Lead futures prices today gained 0.76% on rising demand at domestic spot markets and positive cues from global markets.
At the Multi Commodity Exchange (MCX), the July contract traded 95 paise, or 0.76% higher at Rs 125.60 per kg in 80 lots.
The June contract rose by 85 paise, or 0.68% to trade at Rs 125.05 per kg, in 2,340 lots.
Marketmen said besides strong domestic demand from battery-makers, a firm trend in base metals at the London Metal Exchange (LME) influenced lead prices at futures trade here.
At the Multi Commodity Exchange (MCX), the July contract traded 95 paise, or 0.76% higher at Rs 125.60 per kg in 80 lots.
The June contract rose by 85 paise, or 0.68% to trade at Rs 125.05 per kg, in 2,340 lots.
Marketmen said besides strong domestic demand from battery-makers, a firm trend in base metals at the London Metal Exchange (LME) influenced lead prices at futures trade here.
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First Published: Jun 03 2013 | 2:29 PM IST
