Business Standard

Zinc up 0.2% on overseas cues

Better domestic demand helped the prices to gain

Press Trust of India New Delhi
Zinc futures for April up by 25 paise, or 0.23%, to Rs 108.90 per kg in 86 lots.

At the Multi Commodity Exchange (MCX), the March contract also rose marginally by 20 paise, or 0.19%, to Rs 108 per kg in 1,406 lots

Firm global trend and better domestic demand, as speculators enlarged positions.

Improved spot market demand amid firming trend in base metals overseas after China's exports grew more-than-expected last month, that added to signs of the global economic recovery, supported the rise in zinc futures here.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 08 2013 | 2:26 PM IST

Explore News