Zinc Futures Rise on High Demand - PTI
Aug 09, 2024 13:51
Zinc prices rose on the Multi Commodity Exchange (MCX) on Friday due to increased demand from consuming industries. The August contract closed at Rs 254.70 per kg.
New Delhi, Aug 9 (PTI) Zinc prices on Friday rose Rs 3.30 to Rs 254.70 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 3.30 or 1.31 per cent at Rs 254.70 per kg with a business turnover of 2,013 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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