Zinc Futures Surge on Strong Demand - PTI

Jul 02, 2024 13:59

Zinc prices climbed on the Multi Commodity Exchange (MCX) due to increased demand from consuming industries. The rise was attributed to a pick up in spot demand and widening of positions by participants.

New Delhi, Jul 2 (PTI) Zinc prices on Tuesday rose Rs 2.35 to Rs 267.75 per kilogram in the futures trade amid a pick up in spot demand.

On the Multi Commodity Exchange, zinc contracts for July delivery traded higher Rs 2.35 or 0.89 per cent at Rs 267.75 per kg with a business turnover of 2,865 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

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Zinc Futures Surge on Strong Demand - PTI

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