Zinc Futures Surge on Strong Demand | PTI
Zinc prices rose on the Multi Commodity Exchange due to increased demand from consuming industries. December contracts traded higher at Rs 288.50 per kg.
New Delhi, Dec 5 (PTI) Zinc prices on Thursday rose Rs 1.10 to Rs 288.50 per kilogram in the futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for December delivery traded higher by Rs 1.10 or 0.38 per cent at Rs 288.50 per kg with a business turnover of 3,302 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 December delivery traded higher by Rs 1.10 or 0.38 per cent at Rs 288.50 per kg with a business turnover of 3,302 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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