Zinc Futures Surge on High Demand - MCX
Zinc prices rose on the Multi Commodity Exchange (MCX) due to increased demand from consuming industries. December contracts traded higher by Rs 4.75 or 1.66 percent at Rs 290.80 per kg.
New Delhi, Dec 9 (PTI) Zinc prices on Monday rose Rs 4.75 to Rs 290.80 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 4.75 or 1.66 per cent at Rs 290.80 per kg with a business turnover of 3,238 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 4.75 or 1.66 per cent at Rs 290.80 per kg with a business turnover of 3,238 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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