Zinc Futures Surge on High Demand - PTI
By Rediff Money Desk, NEWDELHI Mar 04, 2024 14:32
Zinc prices rose on the Multi Commodity Exchange due to increased demand from consuming industries, according to PTI.
New Delhi, Mar 4 (PTI) Zinc prices on Monday rose Rs 2.15 to Rs 216.55 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for March delivery traded higher Rs 2.15 or 1 per cent at Rs 216.55 per kg with a business turnover of 4,447 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 March delivery traded higher Rs 2.15 or 1 per cent at Rs 216.55 per kg with a business turnover of 4,447 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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