Zinc Futures Surge on Strong Demand - PTI
By Rediff Money Desk, New Delhi Aug 12, 2024 13:16
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.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Bajaj Housing Fin
- 178.56 (+ 8.22)
- 18532395
- Spicejet Ltd.
- 75.05 ( -3.52)
- 13506486
- Saianand Commercial
- 0.45 ( -4.26)
- 9788362
- Vodafone Idea L
- 13.21 ( -0.23)
- 8782710
- Ola Electric Mobilit
- 113.30 (+ 5.25)
- 8621386
MORE NEWS
PN Gadgil Jewellers Shares Surge 74% on Market...
PN Gadgil Jewellers Ltd shares soared nearly 74% on their market debut, listing at Rs...
iBUS Raises Rs 280 Crore from IFC for Expansion
iBUS Network and Infrastructure, backed by NIIF, secures Rs 280 crore from IFC for...
Indian Markets Decline on Profit-Taking:...
Indian stock markets opened lower on Tuesday after hitting record highs, with...