Zinc Futures Rise on Demand
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Zinc prices rise in futures trade due to spot demand. August delivery up 0.06% at Rs 265.20/kg on MCX.
New Delhi, Aug 6 (PTI) Zinc prices on Wednesday rose 15 paise to Rs 265.20 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for August delivery traded higher 15 paise or 0.06 per cent at Rs 265.20 per kg with a business turnover of 3,118 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 August delivery traded higher 15 paise or 0.06 per cent at Rs 265.20 per kg with a business turnover of 3,118 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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