Zinc Futures Rise on Demand: MCX Prices Up
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Zinc futures prices increase on MCX due to high demand. February contracts edge up. Traders cautious, awaiting fresh triggers.
New Delhi, Jan 13 (PTI) Zinc prices on Tuesday rose slightly by Rs 1.10 to Rs 314.85 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 1.10, or 0.35 per cent, to Rs 314.85 per kg with a business turnover of 1,931 lots.
Traders attributed the uptick 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 1.10, or 0.35 per cent, to Rs 314.85 per kg with a business turnover of 1,931 lots.
Traders attributed the uptick in zinc futures to limited buying at lower levels, even as a lack of fresh triggers kept overall sentiment cautious.
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