Business Standard

Sunday, December 22, 2024 | 12:04 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Zinc futures gain on firm trend in physical mkt

Image

Press Trust of India New Delhi

Zinc prices on Monday rose 0.81 per cent to Rs 155.55 per kg in futures trade tracking a firm trend in physical markets on the back of increase in demand.

On the Multi Commodity Exchange, zinc futures contracts for May delivery traded higher by Rs 1.25, or 0.81 per cent, at Rs 155.55 per kg with a business turnover of 13,558 lots.

Marketmen said widening of positions by participants, following pick-up in demand from consuming industries, kept zinc prices higher.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 11 2020 | 1:56 PM IST

Explore News