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Zinc Futures Surge on Strong Demand

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By Rediff Money Desk, New Delhi   Nov 04, 2024 12:13

Zinc prices rose on the Multi Commodity Exchange due to increased demand from consuming industries. Futures contracts for November delivery traded higher by Rs 2.20.
New Delhi, Nov 4 (PTI) Zinc prices on Monday rose Rs 2.20 to Rs 288.15 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 2.20 or 0.77 per cent at Rs 288.15 per kg with a business turnover of 2,684 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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