Zinc Futures Surge on Strong Demand
By Rediff Money Desk, New Delhi Sep 09, 2024 13:22
Zinc prices rose on the Multi Commodity Exchange due to increased demand from consuming industries. Learn more about the factors driving the surge in zinc prices.
New Delhi, Sep 9 (PTI) Zinc prices on Monday rose Rs 1.30 to Rs 255 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 1.30 or 0.51 per cent at Rs 255 per kg with a business turnover of 2,798 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 1.30 or 0.51 per cent at Rs 255 per kg with a business turnover of 2,798 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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