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Zinc futures rise on spot demand
On the Multi Commodity Exchange, zinc contracts for April delivery traded higher by Rs 1.15 or 0.45 per cent at Rs 257.30 per kg with a business turnover of 2,545 lots.
By
PTI
PTI
NEW DELHI: Zinc prices on Monday increased by Rs 1.15 to Rs 257.30 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 by Rs 1.15 or 0.45 per cent at Rs 257.30 per kg with a business turnover of 2,545 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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