Zinc Futures Surge on Strong Demand
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.
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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