Zinc Futures Rise on Demand: MCX Prices Up
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Zinc futures prices increase on MCX due to limited buying. February contracts edge up. Traders remain cautious awaiting triggers.
New Delhi, Jan 9 (PTI) Zinc prices on Friday rose slightly by Rs 2.55 to Rs 310.70 per kg in futures trade as traders stayed on the sidelines amid a lack of fresh triggers.
On the Multi Commodity Exchange, zinc contracts for February delivery edged up by Rs 2.55, or 0.83 per cent, to Rs 310.70 per kg with a business turnover of 1,425 lots.
Traders attributed the slight rise in zinc futures to limited buying at lower levels, even as a lack of fresh triggers kept overall sentiment cautious.
On the Multi Commodity Exchange, zinc contracts for February delivery edged up by Rs 2.55, or 0.83 per cent, to Rs 310.70 per kg with a business turnover of 1,425 lots.
Traders attributed the slight rise in zinc futures to limited buying at lower levels, even as a lack of fresh triggers kept overall sentiment cautious.
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