Zinc futures rise on spot demand
Zinc contracts for January delivery traded higher by 50 paise, or 0.23 per cent, at Rs 214.90 per kg with a business turnover of 1,740 lots.
By PTI |
BCCL
Zinc prices rose by 50 paise to Rs 214.90 per kg in futures trade on Friday 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 50 paise, or 0.23 per cent, at Rs 214.90 per kg with a business turnover of 1,740 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 50 paise, or 0.23 per cent, at Rs 214.90 per kg with a business turnover of 1,740 lots.
Marketmen said widening of positions by participants following a pick-up in demand from consuming industries kept zinc prices higher in futures trade.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
