Zinc Futures Surge on High Demand - PTI
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Zinc prices rose on the Multi Commodity Exchange (MCX) due to increased demand from consuming industries. Zinc futures for May delivery traded higher by Rs 2.60 or 1.05% at Rs 249.65 per kg.
New Delhi, May 6 (PTI) Zinc prices on Tuesday rose Rs 2.60 to Rs 249.65 per kilogram in the futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for May delivery traded higher by Rs 2.60 or 1.05 per cent at Rs 249.65 per kg with a business turnover of 286 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 May delivery traded higher by Rs 2.60 or 1.05 per cent at Rs 249.65 per kg with a business turnover of 286 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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