Zinc Futures Surge on High Demand - PTI
Zinc prices rose on the Multi Commodity Exchange (MCX) due to strong demand from consuming industries, according to PTI.
New Delhi, Jul 3 (PTI) Zinc prices on Wednesday rose Rs 4.55 to Rs 271.10 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for July delivery traded higher Rs 4.55 or 1.71 per cent at Rs 271.10 per kg with a business turnover of 3,022 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 July delivery traded higher Rs 4.55 or 1.71 per cent at Rs 271.10 per kg with a business turnover of 3,022 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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