Zinc Futures Surge on Strong Demand - PTI
Zinc prices rose on the Multi Commodity Exchange due to increased demand from consuming industries. January contracts traded higher by 0.25% at Rs 279.50 per kg.
New Delhi, Dec 24 (PTI) Zinc prices on Tuesday rose 70 paise to Rs 279.50 per kilogram in the futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for January delivery traded higher by 70 paise or 0.25 per cent at Rs 279.50 per kg with a business turnover of 2,718 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 January delivery traded higher by 70 paise or 0.25 per cent at Rs 279.50 per kg with a business turnover of 2,718 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.