Zinc Futures Surge on Strong Demand - PTI
Zinc prices climbed on Wednesday due to increased demand from consuming industries. The Multi Commodity Exchange saw February contracts rise to Rs 281.20 per kg.
New Delhi, Jan 1 (PTI) Zinc prices on Wednesday rose Rs 1.20 to Rs 281.20 per kilogram in the futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for February delivery traded higher by Rs 1.20 or 0.43 per cent at Rs 281.20 per kg with a business turnover of 172 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 February delivery traded higher by Rs 1.20 or 0.43 per cent at Rs 281.20 per kg with a business turnover of 172 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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