Zinc Futures Rise on Strong Demand - PTI
By Rediff Money Desk, NEWDELHI Dec 19, 2023 15:09
Zinc prices surged on the Multi Commodity Exchange (MCX) due to increased demand from consuming industries. Read more about the zinc futures market.
New Delhi, Dec 19 (PTI) Zinc prices on Tuesday rose Rs 1.45 to Rs 225.45 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for December delivery traded higher by Rs 1.45 or 0.65 per cent at Rs 225.45 per kg with a business turnover of 2,692 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 December delivery traded higher by Rs 1.45 or 0.65 per cent at Rs 225.45 per kg with a business turnover of 2,692 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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