Business Standard

Zinc up 0.4% on overseas cues, spot demand

Metal for delivery in April also rose by 0.42%

Press Trust of India New Delhi
Zinc futures firmed up by 0.47% to Rs 118.50 per kg today amid a positive global trend and better domestic demand.

At the Multi Commodity Exchange, zinc for delivery in March was up by 55 paise, or 0.47%, to Rs 118.50 per kg, with a business turnover of 139 lots.

The metal for delivery in April also rose by 50 paise, or 0.42%, to Rs 119.35 per kg, with a business turnover of 13 lots.

Analysts said besides improved demand in the spot market, a firming trend in copper and other base metals overseas, supported the upside in zinc prices at futures trade.

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First Published: Mar 27 2014 | 12:28 PM IST

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