Zinc Futures Rise on Strong Demand - PTI
By Rediff Money Desk, New Delhi Sep 19, 2024 13:31
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.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.80 ( -0.71)
- 44492337
- G V Films
- 0.94 (+ 9.30)
- 37404318
- Jaiprakash Power Ven
- 19.44 ( -3.38)
- 30530141
- Spicejet Ltd.
- 62.79 ( -4.25)
- 22824171
- Srestha Finvest
- 0.89 (+ 4.71)
- 21696619
MORE NEWS
Meja Urja Nigam Pays First Dividend of Rs 102 cr
Meja Urja Nigam Pvt Ltd (MUNPL) has paid its first dividend of Rs 51 crore each to its...
Sensex Tumbles 5% in 5 Days, Investors Lose Rs...
Indian stock market investors lost Rs 16.26 lakh crore in five days as the Sensex...
JK Tyre Partners with Vertelo for EV Fleet...
JK Tyre & Industries partners with Vertelo to provide cloud-based monitoring...