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Lead gains by 0.3% on spot demand

The metal's gain in global market also influenced prices

Press Trust of India New Delhi
Lead futures rose marginally by 0.28% to Rs 109.35 per kg today amid demand in the domestic spot market and a firming global trend.

At the Multi Commodity Exchange, lead for delivery in February traded higher by 30 paise, or 0.28%, to Rs 109.35 per kg, with a turnover of 165 lots.

The metal for delivery in March gained 20 paise, or 0.18%, to Rs 110.70 per kg in a business volume of 10 lots.

Analysts said apart from domestic demand, particularly from battery-makers, the metal's gain in global market, influencing lead prices at futures trade.
 

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First Published: Feb 24 2015 | 11:15 AM IST

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