01-01-1970 12:00 AM | Source: Dion Global Solutions Ltd
Zinc futures rise on spot demand
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Zinc prices on Monday increased by Rs 1.20 to Rs 268.10 per kilogram in the futures trade, tracking a firm trend in physical markets amid a pick-up in spot demand. On the Multi Commodity Exchange, zinc contracts for December delivery traded higher by Rs 1.20 or 0.45 per cent at Rs 268.10 per kg with a business turnover of 647 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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