Zinc Futures Rise on High Demand - PTI
By Rediff Money Desk, New Delhi Aug 22, 2024 13:59
Zinc prices surged on the Multi Commodity Exchange (MCX) driven by increased demand from consuming industries. September contracts rose by Rs 1.90 to Rs 268.85 per kg.
New Delhi, Aug 22 (PTI) Zinc prices on Thursday rose Rs 1.90 to Rs 268.85 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 1.90 or 0.71 per cent at Rs 268.85 per kg with a business turnover of 1,285 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 1.90 or 0.71 per cent at Rs 268.85 per kg with a business turnover of 1,285 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
- 0.89 ( 0.00)
- 69758135
- Standard Capital
- 1.26 ( -16.00)
- 55792425
- GTL Infrastructure
- 2.37 (+ 4.87)
- 50169700
- Vodafone Idea L
- 9.18 ( -1.50)
- 27130818
- Jaiprakash Power Ven
- 22.33 ( -2.45)
- 21183721
MORE NEWS
Chennai Firm Gifts 28 Cars, 29 Bikes to Employees
A Chennai-based structural steel company, Team Detailing Solutions, has gifted 28 cars...
Eaton Expands Puducherry Facility, Doubles...
Eaton inaugurates a new electrical manufacturing facility in Puducherry, aimed at...
Karur Vysya Bank Opens 3 New Branches in Tamil...
Karur Vysya Bank expands its network in Tamil Nadu with 3 new branches in...