Zinc Futures Rise on Demand: MCX Prices Up
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Zinc futures climb on MCX due to increased spot demand. November contracts see slight gains. Learn more about zinc price trends.
New Delhi, Oct 7 (PTI) Zinc prices on Tuesday rose marginally to Rs 293.50 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for November delivery traded higher by 5 paise or 0.02 per cent to Rs 293.50 per kilogram with a business turnover of 739 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 November delivery traded higher by 5 paise or 0.02 per cent to Rs 293.50 per kilogram with a business turnover of 739 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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