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

Zinc up 0.5% on overseas cues

Improved spot market demand also supported the trade

Press Trust of India New Delhi
Last Updated : Mar 15 2013 | 2:29 PM IST
Zinc futures for March went up by 50 paise, or 0.47%, to Rs 106.60 per kg in 2,503 lots.

At the Multi Commodity Exchange (MCX), the April contract rose by 45 paise, or 0.46% to Rs 107.60 per kg in 150 lots.

Speculators enlarging positions triggered better domestic demand.

More From This Section

Improved spot market demand also supported the trade.

Firming trend in base metals overseas triggered by positive US economic data that improved demand prospects supported the upside in zinc futures trade here.

Also Read

First Published: Mar 15 2013 | 2:27 PM IST

Next Story