Zinc futures rise on spot demand
Zinc contracts for January delivery traded higher by 75 paise, or 0.33 per cent, at Rs 224.80 per kg with a business turnover of 2,750 lots.
By PTI |
BCCL
Zinc prices rose by 75 paise to Rs 224.80 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 January delivery traded higher by 75 paise, or 0.33 per cent, at Rs 224.80 per kg with a business turnover of 2,750 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 75 paise, or 0.33 per cent, at Rs 224.80 per kg with a business turnover of 2,750 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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