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Spot demand lifts zinc futures by 0.31%

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Press Trust of India New Delhi
Zinc prices rose by 0.31 per cent to Rs 196.10 per kg in futures trading today as speculators built up fresh positions taking positive cues from spot markets.

At the Multi Commodity Exchange, zinc for delivery in August edged up by 60 paise, or 0.31 per cent to Rs 196.10 per kg in business turnover of 702 lots.

The metal for delivery in September rose by 45 paise, or 0.23 per cent to Rs 196.55 per kg in 92 lots.

Analysts said fresh positions created by participants after pick up in demand from consuming industries mainly influenced zinc prices at futures trade.

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First Published: Aug 28 2017 | 1:22 PM IST

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