Zinc Futures Rise on Strong Demand
Zinc prices surged on the Multi Commodity Exchange due to increased demand from consuming industries. Learn more about the factors driving this price hike.
New Delhi, Mar 5 (PTI) Zinc prices on Tuesday rose 85 paise to Rs 217.35 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 85 paise or 0.39 per cent at Rs 217.35 per kg with a business turnover of 4,261 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 85 paise or 0.39 per cent at Rs 217.35 per kg with a business turnover of 4,261 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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