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Lead futures up 0.16% on spot cues

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Press Trust of India New Delhi

Lead prices were up 0.16 per cent to Rs 152.25 per kg in futures trade Friday as traders created fresh positions taking positive cues from spot market.

At the Multi Commodity Exchange, lead for delivery in March contract edged up by 25 paise, or 0.16 per cent, to Rs 152.25 per kg in a business turnover of 2,114 lots.

Metal analysts said positions built up by traders due to upsurge in demand by battery-makers in the physical markets attributed to the rise in lead prices in futures trade.

 

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First Published: Mar 01 2019 | 11:45 AM IST

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