Zinc Futures Rise on Strong Demand - PTI
Zinc prices surged on the Multi Commodity Exchange (MCX) due to increased spot demand from consuming industries. March contracts rose by Rs 2.20 to Rs 271.30 per kg.
New Delhi, Feb 6 (PTI) Zinc prices on Thursday rose Rs 2.20 to Rs 271.30 per kilogram in the futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for March delivery traded higher by Rs 2.20 or 0.82 per cent at Rs 271.30 per kg with a business turnover of 414 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 March delivery traded higher by Rs 2.20 or 0.82 per cent at Rs 271.30 per kg with a business turnover of 414 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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