Zinc Futures Surge on Strong Demand - PTI
Zinc prices climbed on the Multi Commodity Exchange due to increased demand from consuming industries. July contracts traded higher at Rs 266.05 per kg.
New Delhi, Jun 28 (PTI) Zinc prices on Friday rose Rs 1.15 to Rs 266.05 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for July delivery traded higher Rs 1.15 or 0.43 per cent at Rs 266.05 per kg with a business turnover of 2,755 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 July delivery traded higher Rs 1.15 or 0.43 per cent at Rs 266.05 per kg with a business turnover of 2,755 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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