Lead prices rose 0.57 percent to Rs 140.40 per kg in futures trade on Wednesday as speculators created fresh positions supported by pick-up in demand at the domestic spot market. However, a weak trend in industrial metals overseas limited the gains.
Lead to be delivered in March was trading higher by 80 paise, or 0.57 percent, at Rs 140.40 per kg in a business turnover of 2,719 lots at the Multi Commodity Exchange.
Marketmen said increased demand from battery-makers at the physical market led to rise in lead prices at futures market here.
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Source: Moneycontrol
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