 "Zinc up 0.6% on global cues, firm spot demand")
Zinc futures prices today edged up by 0.61% to Rs 123.50 per kg today as participants created speculative positions, amid a firm global trend and better domestic demand.
At the Multi Commodity Exchange, zinc for delivery in June increased by 75 paise, or 0.61%, to Rs 123.50 per kg, with a business turnover of five lots.
Likewise, the metal for delivery in May traded higher by 70 paise, or 0.57%, to Rs 122.65 per kg in a turnover of 215 lots.
Traders said besides improved spot demand, a firming trend in base metals overseas on China's trade data for April, mainly led to the rise in zinc prices at futures trade here.
At the Multi Commodity Exchange, zinc for delivery in June increased by 75 paise, or 0.61%, to Rs 123.50 per kg, with a business turnover of five lots.
Likewise, the metal for delivery in May traded higher by 70 paise, or 0.57%, to Rs 122.65 per kg in a turnover of 215 lots.
Traders said besides improved spot demand, a firming trend in base metals overseas on China's trade data for April, mainly led to the rise in zinc prices at futures trade here.