Zinc Futures Rise on Strong Demand - PTI
Zinc prices surged on the Multi Commodity Exchange (MCX) due to increased demand from consuming industries, leading to a rise in futures trading.
New Delhi, Mar 25 (PTI) Zinc prices on Tuesday grew Rs 2.45 to Rs 278.60 per kilogram in the futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for April delivery traded higher by Rs 2.45 or 0.89 per cent at Rs 278.60 per kg with a business turnover of 1,805 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 April delivery traded higher by Rs 2.45 or 0.89 per cent at Rs 278.60 per kg with a business turnover of 1,805 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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