Zinc futures rise on spot demand
Zinc contracts for January delivery traded higher by 25 paise, or 0.12 per cent, at Rs 216.60 per kg with a business turnover of 2,140 lots.
By PTI |
BCCL
Zinc prices rose by 25 paise to Rs 216.60 per kg in futures trade on Wednesday 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 January delivery traded higher by 25 paise, or 0.12 per cent, at Rs 216.60 per kg with a business turnover of 2,140 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 January delivery traded higher by 25 paise, or 0.12 per cent, at Rs 216.60 per kg with a business turnover of 2,140 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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