Zinc futures rise on high demand
Marketmen said the 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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Zinc prices on Thursday rose Rs 2.70 to Rs 256.45 per kilogram, Source: Reuters
Zinc prices on Thursday rose Rs 2.70 to Rs 256.45 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for May delivery traded higher Rs 2.70 or 1.06 per cent at Rs 256.45 per kg with a business turnover of 3,511 lots.
Marketmen said the 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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