Zinc Futures Rise on Demand
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Zinc futures climb to Rs 296.30/kg on MCX due to increased spot demand and position widening by participants.
New Delhi, Oct 6 (PTI) Zinc prices on Monday rose 95 paise to Rs 296.30 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for November delivery traded higher 95 paise or 0.32 per cent at Rs 296.30 per kg with a business turnover of 652 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 95 paise or 0.32 per cent at Rs 296.30 per kg with a business turnover of 652 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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