Don’t miss the latest developments in business and finance.

Zinc futures marginally up on upbeat cues

Image
Press Trust of India New Delhi
Last Updated : May 14 2019 | 1:31 PM IST

Zinc prices inched up 0.16 per cent to Rs 213 per kg in futures market Tuesday as traders created fresh positions following upsurge in demand at the spot market.

On the Multi Commodity Exchange, zinc to be delivered in May contracts was trading higher by 35 paise, or 0.16 per cent, to trade at Rs 213 per kg in a business turnover of 4,955 lots.

Market attributed the rise in zinc futures to a pick-up in demand from consuming industries at the spot market amid a firm trend in base metals in global market.

Also Read

First Published: May 14 2019 | 1:31 PM IST

Next Story