Zinc Futures Rise on Demand: MCX Prices
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Zinc futures climb on MCX due to increased spot demand. November contract at Rs 302.95/kg, December at Rs 295.95/kg. Learn more!
New Delhi, Nov 19 (PTI) Zinc prices on Wednesday rose Rs 1.85 to Rs 302.95 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 Rs 1.85 or 0.61 per cent to Rs 302.95 per kilogram with a business turnover of 2,592 lots.
The December contract increased by Rs 1.65, or 0.56 per cent, to Rs 295.95 per kg in 1,236 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 Rs 1.85 or 0.61 per cent to Rs 302.95 per kilogram with a business turnover of 2,592 lots.
The December contract increased by Rs 1.65, or 0.56 per cent, to Rs 295.95 per kg in 1,236 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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