Zinc Futures Rise: Demand Boosts Prices
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Zinc futures climb on MCX due to increased spot demand. January contracts up Rs 2.25. Learn more about the zinc market trends.
New Delhi, Dec 15 (PTI) Zinc prices on Monday rose Rs 2.25 to Rs 315.35 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for January delivery traded higher by Rs 2.25 or 0.72 per cent to Rs 315.35 per kilogram with a business turnover of 1,006 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 January delivery traded higher by Rs 2.25 or 0.72 per cent to Rs 315.35 per kilogram with a business turnover of 1,006 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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