Zinc Futures Rise on High Demand - MCX

By By Rediff Money Desk, New Delhi
Nov 26, 2024 13:13
Zinc prices on the Multi Commodity Exchange (MCX) rose on Tuesday, driven by a surge in spot demand and increased positions by traders. December contracts gained 0.5% to Rs 281.90 per kg.
New Delhi, Nov 26 (PTI) Zinc prices on Tuesday rose Rs 1.40 to Rs 281.90 per kilogram in the futures trade amid a pick-up in spot demand.

On the Multi Commodity Exchange, zinc contracts for December delivery traded higher by Rs 1.40 or 0.5 per cent at Rs 281.90 per kg with a business turnover of 2,730 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.
Source: PTI
Read More On:
zinc futuresmcxzinc pricescommodity tradingdemand
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.

You May Like To Read

MORE NEWS

Indians...
Indians Abandoning Goals Due to Hurdles: Study

A new study reveals that 61% of Indians abandoned professional goals due to obstacles....

Reliance Retail's Consumer Business Revenue...

Reliance Retail's consumer business revenue reached Rs 11,500 crore in FY25, driven by...

HLL Revamps AMRIT...
HLL Revamps AMRIT Brand, Expands Pharmacy Network

HLL Lifecare Ltd unveils a revamped brand identity for its AMRIT pharmacies, including...

Odisha Steel...
Odisha Steel Sector: CM Manjhi's Vision for Top...

Odisha CM Mohan Manjhi states the state will be the top steel producer in India, aiming...

Ather Energy IPO:...
Ather Energy IPO: Rs 1,340 cr Raised from...

Ather Energy raised Rs 1,340 crore from anchor investors ahead of its IPO, which opens...

JioStar Revenue...
JioStar Revenue Hits Rs 10,006 Cr, JioHotstar...

JioStar, the joint venture of Reliance and Disney, reports Rs 10,006 crore revenue....

L&T Finance Q4 Profit Rises 15% to Rs...

L&T Finance Holdings reported a 15% rise in consolidated net profit to Rs 636...

Delhi Airport Warns of Flight Delays Due to...

Delhi Airport warns of potential flight disruptions between April 26 and May 4 due to...

Odisha to Lead India's Steel Sector: CM

Odisha CM Mohan Manji says the state will become the top steel producer in India by...

IREDA Files Complaint Against Gensol for...

IREDA, a public sector lender, has filed a complaint with the Economic Offences Wing...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com