Zinc Futures Rise on High Demand - PTI
Zinc prices rose in the futures trade on Friday, driven by increased demand from consuming industries. The Multi Commodity Exchange saw a pick-up in trading activity.
New Delhi, Dec 8 (PTI) Zinc prices on Friday rose 50 paise to Rs 218.10 per kilogram in the futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for December delivery traded higher by 50 paise or 0.23 per cent at Rs 218.10 per kg with a business turnover of 4,426 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 December delivery traded higher by 50 paise or 0.23 per cent at Rs 218.10 per kg with a business turnover of 4,426 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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