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ZOID RESEARCH:LEAD

by Tanisha joshi 10:10 PM 0 comments

3 month forward LME lead prices rose a tad on Monday and settled at $2058 up by $17 from its previous close. In the similar lines prices at the MCX for March delivery ended at Rs. 125 per Kg no major change from its previous days’ close price. We believe there has been a mere price recovery due to covering of previously held short positions. From the inventory front there has been no major change while the daily stocks at LME rose by mere 205 tons

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