Lead Future Rises 1.55%
Speculative buying lead to a rise in lead futures of 1.55 percent. An expected demand for lead for things such as batteries lead to traders buying.
The most-active September contract for lead was trading 1.55 per cent higher at Rs 75.20 per kg with a business volume of 12 lots on the country’s leading Multi Commodity Exchange.
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Traders said,
any definite trend would emerge only after opening of global markets, particularly the London Metal Exchange later in the day.
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Mon, Aug 18, 2008
Post by Melissa Pistilli, Lead Senior Reporter