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Zinc Futures Surge on Strong Demand

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By Rediff Money Desk, New Delhi   Dec 04, 2024 13:35

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.
Source: PTI
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