Zinc Futures Rise on High Demand in India
Aug 14, 2024 13:37
Zinc prices surged on the Multi Commodity Exchange due to increased demand from consuming industries. Learn more about the zinc market trends.
New Delhi, Aug 14 (PTI) Zinc prices on Wednesday rose Rs 3.20 to Rs 259.10 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for August delivery traded higher Rs 3.20 or 1.25 per cent at Rs 259.10 per kg with a business turnover of 1,902 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.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.