Zinc Futures Surge on Strong Demand - PTI
Zinc prices rose in India's futures market on Monday due to increased demand from consuming industries. The April contract on the Multi Commodity Exchange traded higher by 0.78%.
New Delhi, Mar 3 (PTI) Zinc prices on Monday inched up Rs 2.10 to Rs 270.85 per kilogram in the futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for April delivery traded marginally higher by Rs 2.10 or 0.78 per cent at Rs 270.85 per kg with a business turnover of 100 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 April delivery traded marginally higher by Rs 2.10 or 0.78 per cent at Rs 270.85 per kg with a business turnover of 100 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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