Zinc Futures Rise on Strong Demand - PTI
Zinc prices surged in the futures market on Thursday, fueled by robust demand from consuming industries. Learn more about the factors driving the price increase.
New Delhi, Sep 19 (PTI) Zinc prices on Thursday rose Rs 1.40 to Rs 268.50 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for September delivery traded higher Rs 1.40 or 0.52 per cent at Rs 268.50 per kg with a business turnover of 1,060 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 September delivery traded higher Rs 1.40 or 0.52 per cent at Rs 268.50 per kg with a business turnover of 1,060 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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