Zinc Futures Rise on High Demand - PTI
By Rediff Money Desk, New Delhi Aug 21, 2024 14:02
Zinc prices rose on the Multi Commodity Exchange due to increased demand from consuming industries. Learn more about the zinc futures market.
New Delhi, Aug 21 (PTI) Zinc prices on Wednesday rose Rs 2.55 to Rs 264.10 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for September delivery traded higher Rs 2.55 or 0.97 per cent at Rs 264.10 per kg with a business turnover of 977 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 September delivery traded higher Rs 2.55 or 0.97 per cent at Rs 264.10 per kg with a business turnover of 977 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
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