Zinc Futures Rise on Demand
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Zinc futures climb on spot demand. September contracts up 0.17% at Rs 267.10/kg. Marketmen cite increased demand from consuming industries.
New Delhi, Aug 21 (PTI) Zinc prices on Thursday rose 45 paise to Rs 267.10 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for September delivery traded higher 45 paise or 0.17 per cent at Rs 267.10 per kg with a business turnover of 1,477 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 45 paise or 0.17 per cent at Rs 267.10 per kg with a business turnover of 1,477 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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