Business Standard

Spot demand lifts zinc futures by 0.30 per cent

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Press Trust of India New Delhi

Zinc prices inched up by 0.16 per cent, to Rs 190.35 per kg in futures market Tuesday as traders created fresh positions following upsurge in demand in the spot markets.

At the Multi Commodity Exchange, zinc to be delivered in November was trading higher by 30 paise, or 0.16 per cent, to trade at Rs 190.35 per kg in business turnover of 160 lots.

Market attributed the rise in zinc futures to pick up in demand from consuming industries in the spot market amid a firm trend in base metals in global market.

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First Published: Nov 20 2018 | 11:50 AM IST

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