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Zinc futures rise on spot demand
Zinc prices rose by Rs 1 to Rs 245.50 per kg in the futures trade on Thursday tracking a firm trend in physical markets on the back of a pick-up in spot demand.
By
migrator
migrator
New Delhi
On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by Rs 1, or 0.41 per cent, to Rs 245.50 per kg with a business turnover of 1,675 lots. Market men said 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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