Zinc futures rise on spot demand

On the Multi Commodity Exchange, zinc contracts for January delivery traded higher by 25 paise or 0.09 per cent at Rs 269 per kg with a business turnover of 1,967 lots.
Representative image
Representative imageFlickr

NEW DELHI: Zinc prices on Thursday increased by 25 paise to Rs 269 per kilogram in the futures trade, amid a pick-up in spot demand.

On the Multi Commodity Exchange, zinc contracts for January delivery traded higher by 25 paise or 0.09 per cent at Rs 269 per kg with a business turnover of 1,967 lots.

Marketmen 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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