Zinc Futures Surge on Strong Demand
By Rediff Money Desk, NEWDELHI Apr 04, 2024 14:53
Zinc prices rose in the futures market on April 4th due to increased demand from consuming industries. The Multi Commodity Exchange saw a rise in trading activity.
New Delhi, Apr 4 (PTI) Zinc prices on Thursday rose Rs 3.35 to Rs 228.20 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for April delivery traded higher Rs 3.35 or 1.49 per cent at Rs 228.20 per kg with a business turnover of 3,387 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 April delivery traded higher Rs 3.35 or 1.49 per cent at Rs 228.20 per kg with a business turnover of 3,387 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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