Zinc Futures Rise: Demand Boosts Prices
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Zinc futures climb on MCX due to increased spot demand. December contracts up Rs 1.30. Learn more about the zinc market trends.
New Delhi, Nov 25 (PTI) Zinc prices on Tuesday rose Rs 1.30 to Rs 298.55 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for December delivery traded higher by Rs 1.30 or 0.44 per cent to Rs 298.55 per kilogram with a business turnover of 2,440 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.
On the Multi Commodity Exchange, zinc contracts for December delivery traded higher by Rs 1.30 or 0.44 per cent to Rs 298.55 per kilogram with a business turnover of 2,440 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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