Zinc Futures Rise on Demand
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Zinc prices rise in futures trade due to spot demand. September contracts up 0.19% at Rs 263.30/kg on MCX.
New Delhi, Aug 4 (PTI) Zinc prices on Monday rose 50 paise to Rs 263.30 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for September delivery traded higher 50 paise or 0.19 per cent at Rs 263.30 per kg with a business turnover of 225 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 September delivery traded higher 50 paise or 0.19 per cent at Rs 263.30 per kg with a business turnover of 225 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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