 "Zinc up by 0.1%, in line with global trend")
Zinc futures traded a shade higher at Rs 103.30 per kg today after speculators built up bets on the back of a firming trend overseas amid a rising demand in the domestic spot market.
In futures trading at the Multi Commodity Exchange, zinc for delivery in December was up marginally 10 paise, or 0.10%, to Rs 103.30 per kg, in a business turnover of 542 lots.
Also, metal for delivery in January contracts rose by a similar margin to trade at Rs 102.25 per kg with a business volume of nine lots.
According to marketmen, a firming trend in metal in global market and uptick in demand at domestic spot markets from consuming industries supported the upside.
In futures trading at the Multi Commodity Exchange, zinc for delivery in December was up marginally 10 paise, or 0.10%, to Rs 103.30 per kg, in a business turnover of 542 lots.
Also, metal for delivery in January contracts rose by a similar margin to trade at Rs 102.25 per kg with a business volume of nine lots.
According to marketmen, a firming trend in metal in global market and uptick in demand at domestic spot markets from consuming industries supported the upside.