Zinc Futures Rise on High Demand - MCX
x
Zinc futures prices increase on MCX due to high spot demand and widening positions. October delivery up 0.14% to Rs 283.65/kg.
New Delhi, Sep 15 (PTI) Zinc prices on Monday rose 40 paise to Rs 283.65 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for October delivery traded higher 40 paise or 0.14 per cent to Rs 283.65 per kilogram with a business turnover of 1,448 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 October delivery traded higher 40 paise or 0.14 per cent to Rs 283.65 per kilogram with a business turnover of 1,448 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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