Zinc Futures Surge on Strong Demand
Aug 20, 2024 13:34
Zinc prices rose on the Multi Commodity Exchange due to increased spot demand and widening positions by market participants. Learn more about the factors influencing zinc futures.
New Delhi, Aug 20 (PTI) Zinc prices on Tuesday rose 20 paise to Rs 261.30 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 20 paise or 0.08 per cent at Rs 261.30 per kg with a business turnover of 840 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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