Zinc Futures Rise on Demand
x
Zinc futures climb on MCX due to increased spot demand. November contracts up 1.03% to Rs 293.50/kg. Marketmen cite widening positions.
New Delhi, Oct 3 (PTI) Zinc prices on Friday rose Rs 3 to Rs 293.50 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 Rs 3, or 1.03 per cent, to Rs 293.50 per kilogram with a business turnover of 567 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 Rs 3, or 1.03 per cent, to Rs 293.50 per kilogram with a business turnover of 567 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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