Zinc Futures Surge on Strong Demand | PTI
By Rediff Money Desk, NEWDELHI Jan 23, 2024 15:11
Zinc prices climbed on the Multi Commodity Exchange (MCX) due to increased demand from consuming industries. The January contract rose Rs 1.95, reaching Rs 221.30 per kg.
New Delhi, Jan 23 (PTI) Zinc prices on Tuesday rose Rs 1.95 to Rs 221.30 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 Rs 1.95 or 0.89 per cent at Rs 221.30 per kg with a business turnover of 1,403 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 Rs 1.95 or 0.89 per cent at Rs 221.30 per kg with a business turnover of 1,403 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.
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
- Srestha Finvest
- 0.89 ( 0.00)
- 69758135
- Standard Capital
- 1.26 ( -16.00)
- 55792425
- GTL Infrastructure
- 2.37 (+ 4.87)
- 50169700
- Vodafone Idea L
- 9.18 ( -1.50)
- 27130818
- Jaiprakash Power Ven
- 22.33 ( -2.45)
- 21183721
MORE NEWS
PM Modi to Inaugurate ITU Telecom Standard Meet...
Prime Minister Narendra Modi will inaugurate the first-ever ITU telecom standard...
Wipro to Consider Bonus Shares Ahead of Q2 Results
Wipro's board will meet on October 16-17 to consider a proposal for issuing bonus...
Jio Urges Minister's Intervention on Satcom...
Reliance Jio seeks Union Minister Scindia's intervention to ensure a level-playing...