Zinc Futures Rise: Demand Boosts Prices
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Zinc futures climb on increased spot demand. January contracts up on MCX. Learn why zinc prices are rising in futures trading.
New Delhi, Jan 2 (PTI) Zinc prices on Friday rose Rs 1.50 to Rs 309.55 per kg in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for January delivery traded higher by Rs 1.50, or 0.49 per cent, to Rs 309.55 per kilogram in a business turnover of 5,493 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 1.50, or 0.49 per cent, to Rs 309.55 per kilogram in a business turnover of 5,493 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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