Zinc Futures Surge on Strong Demand
Zinc prices rose on the Multi Commodity Exchange (MCX) due to increased demand from consuming industries.
New Delhi, Nov 8 (PTI) Zinc prices on Wednesday rose Rs 2.05 to Rs 228.80 per kilogram in the futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for November delivery traded higher by Rs 2.05 or 0.9 per cent at Rs 228.80 per kg with a business turnover of 5,355 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 November delivery traded higher by Rs 2.05 or 0.9 per cent at Rs 228.80 per kg with a business turnover of 5,355 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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