Zinc prices moved up by 0.65 per cent to Rs 202.30 per kg in futures market today as speculators expanded their bets following rising demand from consuming industries at spot markets.
At the Multi Commodity Exchange, zinc for delivery in current month rose Rs 1.30, or 0.65 per cent to Rs 202.30 per kg in a business turnover of 913 lots.
Metal for delivery in November rose by a similar margin to trade at Rs 201.85 per kg in 58 lots.
Market analysts attributed the rise in zinc futures to widening of position by participants, driven by rising demand from consuming industries at the domestic spot markets.
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