Zinc Futures Rise on Demand
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Zinc futures climb on MCX due to increased spot demand. December contracts rise to Rs 305.40 per kg. Market analysis inside.
New Delhi, Dec 1 (PTI) Zinc prices on Monday climbed Rs 2.25 to Rs 305.40 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for December delivery traded higher by Rs 2.25 or 0.74 per cent to Rs 305.40 per kilogram with a business turnover of 2,882 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 December delivery traded higher by Rs 2.25 or 0.74 per cent to Rs 305.40 per kilogram with a business turnover of 2,882 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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