Zinc Futures Rise on High Demand - PTI
Zinc prices surged on the Multi Commodity Exchange (MCX) due to increased spot demand. Market participants widened their positions, fueled by strong demand from consuming industries.
New Delhi, Jan 7 (PTI) Zinc prices on Tuesday rose 95 paise to Rs 275.60 per kilogram in the futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for February delivery traded higher by 95 paise or 0.45 per cent at Rs 275.60 per kg with a business turnover of 415 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 February delivery traded higher by 95 paise or 0.45 per cent at Rs 275.60 per kg with a business turnover of 415 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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