Zinc futures rise on spot demand
Zinc contracts for December delivery traded higher by Rs 3.20, or 1.46 per cent, at Rs 223.00 per kg with a business turnover of 2,588 lots.
By PTI |
BCCL
Zinc prices rose by Rs 3.20 to Rs 223.00 per kg in futures trade on Thursday 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 December delivery traded higher by Rs 3.20, or 1.46 per cent, at Rs 223.00 per kg with a business turnover of 2,588 lots.
Marketmen said widening of positions by participants following a pick-up in demand from consuming industries kept zinc prices higher in futures trade.
On the Multi Commodity Exchange, zinc contracts for December delivery traded higher by Rs 3.20, or 1.46 per cent, at Rs 223.00 per kg with a business turnover of 2,588 lots.
Marketmen said widening of positions by participants following a pick-up in demand from consuming industries kept zinc prices higher in futures trade.
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