Zinc futures rise on spot demand
On Multi Commodity Exchange, zinc contracts for March delivery traded 0.95% higher at Rs 217.15 per kg.
By PTI |
BCCL
NEW DELHI: Zinc prices rose by Rs 2.05 to Rs 217.15 per kg in futures trade on Monday 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 March delivery traded higher by Rs 2.05, or 0.95 per cent, to Rs 217.15 per kg with a business turnover of 2,075 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 March delivery traded higher by Rs 2.05, or 0.95 per cent, to Rs 217.15 per kg with a business turnover of 2,075 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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