Zinc futures rise on high demand

New Delhi, Jun 19 (PTI) Zinc prices on Wednesday rose Rs 1.60 to Rs 260.80 per kilogram in the futures trade amid a pick up in spot demand.

On the Multi Commodity Exchange, zinc contracts for June delivery traded higher Rs 1.60 or 0.62 per cent at Rs 260.80 per kg with a business turnover of 1,706 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.