Zinc Futures Rise on Demand
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Zinc futures climb on spot demand. October contracts up 0.23% at Rs 285.55/kg. Marketmen cite increased demand from industries.
New Delhi, Sep 26 (PTI) Zinc prices on Friday rose 65 paise to Rs 285.55 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 at Rs 285.55 per kg with a business turnover of 3,102 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 at Rs 285.55 per kg with a business turnover of 3,102 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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