Zinc Futures Rise on High Demand - PTI
Zinc prices surged on the Multi Commodity Exchange (MCX) on Wednesday, driven by increased demand from consuming industries. Read more about the zinc futures market.
New Delhi, Jul 31 (PTI) Zinc prices on Wednesday rose Rs 1.85 to Rs 252.95 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for August delivery traded higher Rs 1.85 or 0.74 per cent at Rs 252.95 per kg with a business turnover of 2,022 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 August delivery traded higher Rs 1.85 or 0.74 per cent at Rs 252.95 per kg with a business turnover of 2,022 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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