Zinc Futures Surge on Strong Demand - PTI
By Rediff Money Desk, New Delhi Jul 05, 2024 13:15
Zinc prices climbed on the Multi Commodity Exchange (MCX) today, fueled by a surge in demand from consuming industries. Read more on PTI.
New Delhi, Jul 5 (PTI) Zinc prices on Friday rose Rs 1.55 to Rs 276.20 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 1.55 or 0.56 per cent at Rs 276.20 per kg with a business turnover of 3,022 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 1.55 or 0.56 per cent at Rs 276.20 per kg with a business turnover of 3,022 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.
Source: PTI
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