Zinc prices rose on the Multi Commodity Exchange (MCX) due to increased demand from consuming industries. Futures contracts for August delivery gained Rs 1.05 to Rs 245.95 per kg.
New Delhi, Aug 8 (PTI) Zinc prices on Thursday rose Rs 1.05 to Rs 245.95 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for August delivery traded higher Rs 1.05 or 0.43 per cent at Rs 245.95 per kg with a business turnover of 2,079 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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