Zinc Futures Surge on Increased Demand - PTI
By Rediff Money Desk, NEWDELHI Dec 14, 2023 14:29
Zinc prices rose in the futures market on Thursday, fueled by strong demand from consuming industries. Learn more about the factors driving this increase.
New Delhi, Dec 14 (PTI) Zinc prices on Thursday rose Rs 3.90 to Rs 222.10 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 Rs 3.90 or 1.79 per cent at Rs 222.10 per kg with a business turnover of 3,844 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 Rs 3.90 or 1.79 per cent at Rs 222.10 per kg with a business turnover of 3,844 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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