Zinc Futures Rise on High Demand - PTI
Zinc prices surged on the Multi Commodity Exchange (MCX) due to increased demand from consuming industries. January contracts traded higher at Rs 233.50 per kg.
New Delhi, Jan 1 (PTI) Zinc prices on Monday rose 20 paise to Rs 233.50 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for January delivery traded higher by 20 paise or 0.09 per cent at Rs 233.50 per kg with a business turnover of 5,547 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 January delivery traded higher by 20 paise or 0.09 per cent at Rs 233.50 per kg with a business turnover of 5,547 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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