Zinc Futures Rise on Strong Demand - PTI
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Zinc prices climbed in futures trading on Monday, fueled by increased demand from consuming industries. The price increase was driven by a widening of positions by participants.
New Delhi, Apr 7 (PTI) Zinc prices on Monday grew 65 paise to Rs 254.70 per kilogram in the futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for May delivery traded higher by 65 paise or 0.26 per cent at Rs 254.70 per kg with a business turnover of 423 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 May delivery traded higher by 65 paise or 0.26 per cent at Rs 254.70 per kg with a business turnover of 423 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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