Zinc Futures Rise on Demand: Price Analysis

New Delhi, Jan 12 (PTI) Zinc prices on Monday rose slightly by Rs 3.45 to Rs 314 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 3.45, or 3.45 per cent, to Rs 314 per kg with a business turnover of 1,594 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.