Zinc Futures Surge on Strong Demand | Commodity News
Zinc prices climbed on Wednesday driven by increased demand from consuming industries. Learn more about the zinc futures market and the factors influencing price movements.
New Delhi, Dec 27 (PTI) Zinc prices on Wednesday rose Rs 2.60 to Rs 231.80 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for January delivery traded higher by Rs 2.60 or 1.13 per cent at Rs 231.80 per kg with a business turnover of 4,945 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 January delivery traded higher by Rs 2.60 or 1.13 per cent at Rs 231.80 per kg with a business turnover of 4,945 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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