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Spot demand lifts zinc futures by 0.51 per cent

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Press Trust of India New Delhi
Last Updated : Nov 06 2018 | 1:25 PM IST

Zinc prices inched up by 0.51 per cent to Rs 187.75 per kg in futures trade on Tuesday as traders created fresh positions following pick up in demand in the spot markets amid positive overseas cues.

In futures trading at the Multi Commodity Exchange, zinc for delivery in current month traded higher by 95 paise, or 0.51 per cent, at Rs 187.75 per kg in business turnover of 266 lots.

Market analysts said apart from positive overseas cues, rising demand from consuming industries in spot markets led to rise in zinc futures here.

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First Published: Nov 06 2018 | 1:25 PM IST

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