Zinc Futures Rise on Demand
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Zinc futures climb to Rs 288.55/kg on MCX due to increased spot demand and position widening by participants.
New Delhi, Oct 1 (PTI) Zinc prices on Wednesday rose 20 paise to Rs 288.55 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for November delivery traded higher by 20 paise or 0.07 per cent to Rs 288.55 per kilogram with a business turnover of 543 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 November delivery traded higher by 20 paise or 0.07 per cent to Rs 288.55 per kilogram with a business turnover of 543 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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