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Zinc up by 0.2% on overseas cues

Marketmen said improved demand in the spot market amid a firming trend in base metals overseas, supported the prices

Press Trust of India New Delhi
Last Updated : Feb 12 2014 | 11:56 AM IST
Taking positive cues from global markets and better domestic demand, zinc futures prices today edged up marginally by 0.24% to Rs 125.40 per kg as speculators enlarged positions.

At the Multi Commodity Exchange, zinc for delivery in March up by 30 paise, or 0.24%, to Rs 125.40 per kg, with a business turnover of eight lots.

The metal for delivery in February also rose by 25 paise, or 0.20%, to Rs 124.90 per kg in a business volume of 473 lots.

Marketmen said improved demand in the spot market amid a firming trend in base metals overseas, supported the rise in zinc futures here.

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First Published: Feb 12 2014 | 11:40 AM IST

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