Zinc prices went up by 0.60 per cent to Rs 117.60 per kg in futures trading today as traders built up positions, tracking a firm trend at spot market on pick up in demand from consuming industries.
At the Multi Commodity Exchange, zinc for delivery for delivery in February month edged up by 70 paise or 0.60 per cent to Rs 117.60 per kg in business turnover of 298 lots.
On similar lines, the metal for delivery in far-month March contracts traded higher by 60 paise or 0.51 per cent to Rs 118.15 per kg in 9 lots.
Analysts said fresh positions created by participants after demand picked up from consuming industries in the spot market mainly helped zinc prices to trade higher at futures trade.
