Zinc Futures Surge on Strong Demand - PTI
By Rediff Money Desk, New Delhi Aug 02, 2024 13:19
Zinc prices climbed on the Multi Commodity Exchange due to increased demand from consuming industries. Futures contracts for August delivery rose 0.32% to Rs 251.20 per kg.
New Delhi, Aug 2 (PTI) Zinc prices on Friday rose 80 paise to Rs 251.20 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for August delivery traded higher 80 paise or 0.32 per cent at Rs 251.20 per kg with a business turnover of 2,230 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 August delivery traded higher 80 paise or 0.32 per cent at Rs 251.20 per kg with a business turnover of 2,230 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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