Business Standard

Zinc futures rise 0.52% as demand picks up

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Press Trust of India New Delhi

Zinc prices were up by 0.52 per cent at Rs 193.30 per kg in the futures trade today as participants built up fresh positions after pick up in demand at the spot markets.

At the Multi Commodity Exchange, zinc for delivery in August rose by Re 1 or 0.52 per cent to Rs 193.30 per kg in business turnover of 153 lots.

Likewise, the metal for delivery in July contracts was traded higher by 75 paise or 0.39 per cent to Rs 193.60 per kg in 2,213 lots.

Analysts said fresh positions created by traders following uptick in demand from consuming industries in the physical markets, mainly helped zinc prices to trade higher at futures trade.

 

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First Published: Jul 04 2018 | 12:35 PM IST

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