Zinc Futures Surge on Strong Demand
Zinc prices rose on the Multi Commodity Exchange due to increased demand from consuming industries. The December contract traded higher by 0.16% at Rs 287.60 per kg.
New Delhi, Dec 4 (PTI) Zinc prices on Wednesday rose 45 paise to Rs 287.60 per kilogram in the futures trade amid a pick-up in spot demand.
On the Multi Commodity Exchange, zinc contracts for December delivery traded higher by 45 paise or 0.16 per cent at Rs 287.60 per kg with a business turnover of 3,143 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 December delivery traded higher by 45 paise or 0.16 per cent at Rs 287.60 per kg with a business turnover of 3,143 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.
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