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Zinc futures rise on spot demand

Zinc futures rise on spot demand
outlookindia.com
1970-01-01T05:30:00+0530
New Delhi, Oct 15 (PTI) Zinc prices rose Rs 16.80 to Rs 311.20 per kg in the futures trade on Friday tracking a firm trend in physical markets on the back of a pick-up in spot demand.

On the Multi Commodity Exchange, zinc contracts for the October delivery traded higher by Rs 16.80, or 5.71 per cent, to Rs 311.20 per kg with a business turnover of 1,901 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. PTI RUJ HRS

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Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI

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