Zinc Futures Rise: Demand Boosts Prices
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Zinc futures climb on strong spot demand. May contracts up on MCX. Traders cite increased participation as a key factor.
New Delhi, Apr 20 (PTI) Zinc prices on Monday rose marginally by Rs 2.50 to Rs 339.55 per kg in futures trade due to higher spot demand.
On the Multi Commodity Exchange, zinc contracts for May delivery edged up Rs 2.50, or 0.74 per cent, to Rs 339.55 per kg with a business turnover of 137 lots.
Traders attributed the rise in zinc futures to higher bets by participants.
On the Multi Commodity Exchange, zinc contracts for May delivery edged up Rs 2.50, or 0.74 per cent, to Rs 339.55 per kg with a business turnover of 137 lots.
Traders attributed the rise in zinc futures to higher bets by participants.
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