Lead prices at the LME ended the day at $2067, mostly unchanged from its previous close while it made its intraday low of $2050. We could see all the intraday losses recovering during the late European session after the US economic releases, which turned modestly higher. At the MCX, the March futures settled at Rs
123.65, up by Rs 0.90 from its previous close. Interestingly, the LME inventories are continuously falling while we are not seeing much change in the prices and so, the commodity may reverse on to a higher note.
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