Zinc Futures Rise on High Demand
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Zinc prices increased by 15 paise to Rs 267.50 per kg on July 22, driven by higher spot demand and increased positions by market participants.
New Delhi, Jul 22 (PTI) Zinc prices on Tuesday rose 15 paise to Rs 267.50 per kilogram in futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for August delivery traded higher by 15 paise or 0.06 per cent at Rs 267.50 per kg with a business turnover of 2,579 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 August delivery traded higher by 15 paise or 0.06 per cent at Rs 267.50 per kg with a business turnover of 2,579 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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