Zinc prices inched up by 0.85 per cent to Rs 178.20 per kg in futures trading today as speculators built up positions, tracking a firm trend at the spot market on rising demand.
At the Multi Commodity Exchange, zinc for September edged higher by Rs 1.50, or 0.85 per cent, to Rs 178.20 per kg in a business turnover of 122 lots.
Similarly, the metal for delivery in August enquired higher by Rs 1.30, or 0.74 per cent, to Rs 177.70 per kg in 3,367 lots.
Analysts said fresh positions created by participants after pick-up in demand from consuming industries in the spot market, led to the rise in zinc prices at futures trade.
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