Published on 22/06/2020 4:51:17 PM | Source: Dion Global Solutions Ltd

Zinc futures gain on spot demand

Posted in Commodity Top News| #Zinc #Commodity

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Zinc prices on Monday rose 35 paise to Rs 163.10 per kg in futures trade, tracking a firm trend in physical markets on the back of pick-up in spot demand. On the Multi Commodity Exchange, zinc contracts for June delivery traded higher by 35 paise, or 0.22 per cent, at Rs 163.10 per kg with a business turnover of 2,117 lots.

Marketmen said widening of positions by participants, following pick-up in demand from consuming industries, kept zinc prices higher in futures trade