Zinc Futures Surge on High Demand - PTI
By Rediff Money Desk, NEWDELHI Feb 15, 2024 13:59
Zinc prices rose on Thursday due to increased spot demand and wider positions by participants. Read more about the zinc futures market on PTI.
New Delhi, Feb 15 (PTI) Zinc prices on Thursday rose Rs 1.55 to Rs 209.25 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for February delivery traded higher Rs 1.55 or 0.75 per cent at Rs 209.25 per kg with a business turnover of 4,480 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 February delivery traded higher Rs 1.55 or 0.75 per cent at Rs 209.25 per kg with a business turnover of 4,480 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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