Zinc Futures Surge on High Demand - PTI
By Rediff Money Desk, NEWDELHI Dec 07, 2023 14:22
Zinc prices rose on the Multi Commodity Exchange due to increased demand from consuming industries. Learn more about the rise in zinc futures.
New Delhi, Dec 7 (PTI) Zinc prices on Thursday rose 85 paise to Rs 219.70 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 85 paise or 0.39 per cent at Rs 219.70 per kg with a business turnover of 4,428 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 85 paise or 0.39 per cent at Rs 219.70 per kg with a business turnover of 4,428 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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