Zinc futures rise on spot demand

New Delhi: Zinc prices on Wednesday rose 90 paise to Rs 195.20 per kg in the futures trade tracking a firm trend in physical markets on the back of a pick-up in spot demand. On the Multi Commodity Exchange, zinc contracts for the September delivery traded higher by 90 paise, or 0.46 per cent, at Rs 195.20 per kg with a business turnover of 3,130 lots.

Marketmen said widening of positions by participants following a pick-up in demand from consumer industries kept zinc prices higher in futures trade.