Zinc futures rise on spot demand
Zinc contracts for the January delivery traded higher by Rs 2.25, or 1.02 per cent, at Rs 223.15 per kg with a business turnover of 2,326 lots.
By PTI |
BCCL
Zinc prices rose Rs 2.25 to Rs 223.15 per kg in the futures trade on Wednesday tracking a firm trend in physical markets on the back of a pick-up in the spot demand.
On the Multi Commodity Exchange, zinc contracts for the January delivery traded higher by Rs 2.25, or 1.02 per cent, at Rs 223.15 per kg with a business turnover of 2,326 lots.
Marketmen said widening of positions by participants following a pick-up in demand from consuming industries kept zinc prices higher in the futures trade.
On the Multi Commodity Exchange, zinc contracts for the January delivery traded higher by Rs 2.25, or 1.02 per cent, at Rs 223.15 per kg with a business turnover of 2,326 lots.
Marketmen said widening of positions by participants following a pick-up in demand from consuming industries kept zinc prices higher in the futures trade.
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