Zinc Futures Surge on Strong Demand - PTI
Zinc prices rose on the Multi Commodity Exchange (MCX) due to increased demand from consuming industries. The futures contracts for August delivery traded higher by Rs 3.65 per kg.
New Delhi, Aug 12 (PTI) Zinc prices on Monday rose Rs 3.65 to Rs 261.35 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 Rs 3.65 or 1.42 per cent at Rs 261.35 per kg with a business turnover of 2,302 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 Rs 3.65 or 1.42 per cent at Rs 261.35 per kg with a business turnover of 2,302 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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