Don’t miss the latest developments in business and finance.

Zinc up 0.3% on spot demand

Metal for delivery in current month, December rose by 0.29%

Press Trust of India New Delhi
Last Updated : Dec 17 2013 | 3:37 PM IST
Zinc futures prices today edged up by 0.32% to Rs 123.80 per kg as speculators created positions despite metal's weakness in the global market.

At the Multi Commodity Exchange, zinc for delivery in January up by 40 paise, or 0.32%, to Rs 123.80 per kg, with a business turnover of 9 lots.

The metal for delivery in current month, December also rose by 35 paise, or 0.29%, to Rs 123.05 per kg, with a business turnover of 274 lots.

Marketmen said improved demand in the spot market mainly influenced zinc prices at futures trade but metal's losses at the London Metal Exchange, limited the gains.

More From This Section

First Published: Dec 17 2013 | 3:34 PM IST

Next Story