Zinc Futures Rise on Demand
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Zinc prices rise in futures trade due to spot demand. January contracts up 0.17% at Rs 315.65/kg on MCX. Marketmen cite demand.
New Delhi, Dec 12 (PTI) Zinc prices on Friday rose 55 paise to Rs 315.65 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for January delivery traded higher by Rs 55 paise or 0.17 per cent to Rs 315.65 per kilogram with a business turnover of 812 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 January delivery traded higher by Rs 55 paise or 0.17 per cent to Rs 315.65 per kilogram with a business turnover of 812 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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