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Zinc up 0.7% on overseas cues

Signs of strength in Chinese auto sales triggered increase in Zinc demand

Press Trust of India New Delhi
Last Updated : Mar 13 2013 | 2:05 PM IST
Zinc futures for April rose by 75 paise, or 0.70%, to Rs 108.60 per kg in 261 lots.

At the Multi Commodity Exchange (MCX), the March contract gained 65 paise, or 0.61%, to Rs 107.60 per kg in 3,493 lots.

Firm domestic demand, speculators enlarging their positions supported the trade.

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Signs of strength in Chinese auto sales triggered increase in demand outlook for base metals globally.

Entire base metals gained at the London Metal Exchange (LME).

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First Published: Mar 13 2013 | 2:04 PM IST

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