Zinc up by 0.4% on firm spot demand

A firming trend in metal at the LME, influenced zinc futures

Press Trust of India New Delhi
Last Updated : Jul 29 2013 | 12:30 PM IST
Zinc futures prices today edged up by 0.40% to Rs 108.40 per kg today, largely on firm demand at domestic markets amid a firming trend overseas.
 
At the Multi Commodity Exchange, zinc for delivery in July increased by 45 paise, or 0.40%, to Rs 108.40 per kg, with a business turnover of 933 lots.
 
Likewise, the metal for delivery in August traded higher by 40 paise, or 0.38%, to Rs 109.60 per kg in a turnover of 206 lots.
 

Also Read

Globally, zinc traded a shade higher at $1,856.75 per tonne at the London Metal Exchange (LME).
 
Analysts said besides increased demand in the spot market, a firming trend in metal at the LME, influenced zinc futures here.

More From This Section

First Published: Jul 29 2013 | 12:26 PM IST

Next Story