Zinc Futures Surge on Strong Demand | PTI
Jan 23, 2024 15:11
Zinc prices climbed on the Multi Commodity Exchange (MCX) due to increased demand from consuming industries. The January contract rose Rs 1.95, reaching Rs 221.30 per kg.
New Delhi, Jan 23 (PTI) Zinc prices on Tuesday rose Rs 1.95 to Rs 221.30 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for January delivery traded higher by Rs 1.95 or 0.89 per cent at Rs 221.30 per kg with a business turnover of 1,403 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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