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Zinc futures up 0.57%

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Press Trust of India New Delhi

Zinc prices rose by 0.57% to Rs 106.40 per kg in futures trade today as speculators enlarged their positions amid a firming trend overseas.

On the Multi Commodity Exchange, January zinc gained 60 paise, or 0.57%, to Rs 106.40 per kg, with a trading volume of 22 lots.

The December contract delivery also moved up by 55 paise, or 0.52%, to Rs 105.40 per kg in 677 lots.

Market analysts said apart from a firming trend in base metals on the LME, a pick-up in domestic demand also pushed up zinc futures prices here.

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First Published: Dec 08 2011 | 11:48 AM IST

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