Zinc Futures Surge on Strong Demand
By Rediff Money Desk, New Delhi Sep 06, 2024 15:25
Zinc prices rose in the futures market on September 6 due to increased demand from consuming industries. Learn more about the factors driving the surge.
New Delhi, Sep 6 (PTI) Zinc prices on Friday rose Rs 1.15 to Rs 259.40 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for September delivery traded higher Rs 1.15 or 0.45 per cent at Rs 259.40 per kg with a business turnover of 517 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 September delivery traded higher Rs 1.15 or 0.45 per cent at Rs 259.40 per kg with a business turnover of 517 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.
Source: PTI
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