Zinc Futures Rise on Demand: MCX Trading
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Zinc futures climb on MCX due to increased spot demand. October contracts rise to Rs 278.55/kg. Market update.
New Delhi, Sep 10 (PTI) Zinc prices on Wednesday rose 65 paise to Rs 278.55 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for October delivery traded higher 65 paise or 0.23 per cent to Rs 278.55 per kilogram with a business turnover of 769 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 October delivery traded higher 65 paise or 0.23 per cent to Rs 278.55 per kilogram with a business turnover of 769 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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