Zinc Futures Rise on High Demand in India
Jun 06, 2024 14:17
Zinc prices surged in India's futures market on June 6, driven by increased demand from consuming industries. Learn more about the factors driving the rise.
New Delhi, Jun 6 (PTI) Zinc prices on Thursday rose 80 paise to Rs 259.15 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for June delivery traded higher 80 paise or 0.31 per cent at Rs 259.15 per kg with a business turnover of 3,218 lots.
Marketmen said the 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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