Zinc futures rise on spot demand

New Delhi: Zinc prices rose 60 paise to Rs 200.45 per kg in futures trade on Thursday, tracking a firm trend in physical markets on the back of pick up in spot demand. On the Multi Commodity Exchange, zinc contracts for November delivery traded higher by 60 paise, or 0.30 per cent, at Rs 200.45 per kg with a business turnover of 2,028 lots.

Analysts said widening of positions by participants following pick up in demand from consuming industries kept zinc prices higher in futures trade.