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Zinc futures marginally up 0.10%

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Press Trust of India New Delhi

In restricted activity, zinc traded a shade higher in futures trade today, with prices rising by 0.10%.

On the Multi Commodity Exchange, zinc for delivery in December edged higher by 10 paise, or 0.10%, to Rs 105.15 per kg, with a trading volume of 914 lots.

The metal for January contract also moved up by a similar margin to Rs 106.05 per kg, with a trade turnover of 21 lots.

Market analysts said rising  domestic demand helped zinc prices to go up at futures trade here but metal's weakness at the LME, capped gains.

Meanwhile, zinc was being quoted 0.8% lower at $2,027.75 a tonne in early trade on the LME.

 

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First Published: Dec 07 2011 | 11:42 AM IST

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