rediff.com

Zinc Futures Surge on Strong Demand

Share on:

By Rediff Money Desk, New Delhi   Oct 18, 2024 13:48

Zinc prices rose on the Multi Commodity Exchange due to increased demand from consuming industries. Futures contracts for November delivery traded higher.
New Delhi, Oct 18 (PTI) Zinc prices on Friday rose 0.78 per cent to Rs 283.10 per kilogram in the futures trade amid a pick-up in spot demand.

On the Multi Commodity Exchange, zinc contracts for November delivery traded Rs 2.20 or 0.78 per cent higher at Rs 283.10 per kg in 917 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
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.

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

More »

Moneywiz Live!