Zinc Futures Rise on High Demand - PTI
Zinc prices surged on the Multi Commodity Exchange, driven by strong spot demand and increased positions by market participants. Read more.
New Delhi, Jan 11 (PTI) Zinc prices on Thursday rose 75 paise to Rs 223.60 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 75 paise or 0.34 per cent at Rs 223.60 per kg with a business turnover of 2,479 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 75 paise or 0.34 per cent at Rs 223.60 per kg with a business turnover of 2,479 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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