Zinc Futures Rise on High Demand in India
By Rediff Money Desk, New Delhi Jun 06, 2024 14:17
Zinc prices surged in India's futures market on June 6, driven by increased demand from consuming industries. Learn more about the factors driving the rise.
New Delhi, Jun 6 (PTI) Zinc prices on Thursday rose 80 paise to Rs 259.15 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for June delivery traded higher 80 paise or 0.31 per cent at Rs 259.15 per kg with a business turnover of 3,218 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 June delivery traded higher 80 paise or 0.31 per cent at Rs 259.15 per kg with a business turnover of 3,218 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.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.84 (+ 5.00)
- 32044606
- Vodafone Idea L
- 7.47 ( -1.32)
- 28725439
- Shangar Decor
- 5.70 ( -4.04)
- 23235210
- Cressanda Railway
- 8.51 (+ 4.29)
- 21815360
- Teamo Productions HQ
- 2.37 (+ 4.87)
- 17662214
MORE NEWS
EEPC India Proposes 'Faceless' GST Audit System
EEPC India advocates for a 'faceless' GST audit system to streamline procedures and...
Odisha Leads in Climate-Resilient Agriculture:...
Odisha is leading the way in sustainable agriculture, prioritizing inclusivity,...
Manmohan Singh: India's Man of Destiny, Says...
G P Hinduja hails Manmohan Singh as India's 'man of destiny' who led the country from...