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Zinc futures rise marginally on pick up in spot demand

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Press Trust of India New Delhi
Supported by rising demand at the domestic spot market, zinc futures today edged up by 0.61 per cent to Rs 180.50 per kg as speculators enlarged positions.

At the Multi Commodity Exchange, zinc for delivery in current month moved up by Rs 1.10, or 0.61 per cent, to Rs 180.50 per kg, with a business turnover of 3,726 lots.

The metal for delivery in April was trading higher by 95 paise, or 0.53 per cent, to Rs 180.75 per kg in 42 lots.

Marketmen said building up of fresh positions by participants on the back of improved demand in the domestic spot market, mainly influenced zinc prices at futures trade.

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First Published: Mar 08 2017 | 12:32 PM IST

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