Zinc futures rise on higher spot demand
On the Multi Commodity Exchange, zinc contracts for the September delivery rose 70 paise, or 0.29 per cent, to Rs 245.90 per kg in 1,098 lots.
By PTI |
BCCL
NEW DELHI: Zinc prices on Monday appreciated 0.29 per cent to Rs 245.90 per kg in the futures trade, mainly due to a firm spot demand.
On the Multi Commodity Exchange, zinc contracts for the September delivery rose 70 paise, or 0.29 per cent, to Rs 245.90 per kg in 1,098 lots.
Analysts said fresh positions created by traders on higher demand from consumer industries supported prices here.
On the Multi Commodity Exchange, zinc contracts for the September delivery rose 70 paise, or 0.29 per cent, to Rs 245.90 per kg in 1,098 lots.
Analysts said fresh positions created by traders on higher demand from consumer industries supported prices here.
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