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Zinc futures rise 0.18% on spot demand

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Press Trust of India New Delhi
Last Updated : Jan 22 2018 | 11:45 AM IST
Zinc futures today edged 0.18 per cent higher to Rs 219.40 per kg as speculators created positions, triggered by a firm trend in the domestic spot markets on industrial demand.
At the Multi Commodity Exchange, zinc for delivery in current month moved up by 40 paise, or 0.18 per cent, to Rs 219.40 per kg, with a business turnover of 554 lots.
The metal for delivery in March also edged higher by a similar margin to trade at Rs 218.80 per kg in a business volume of 35 lots.
Marketmen said widening of bets by participants, following improved demand in the domestic spot market, influenced zinc prices in futures trade.

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First Published: Jan 22 2018 | 11:45 AM IST

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