Business Standard

Zinc futures up on pick-up in demand

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Press Trust of India New Delhi

Zinc prices rose 0.13 per cent to Rs 185.65 per kg in futures market on Friday as traders built up fresh positions amid increase in spot demand.

On the Multi Commodity Exchange, zinc for delivery in October traded higher by 25 paise, or 0.13 per cent, to Rs 185.65 per kg in a business turnover of 2,450 lots.

Similarly, the metal for delivery in November edged up by 50 paise, or 0.27 per cent, to Rs 188 per kg in 18 lots.

Market analysts said fresh positions created by participants on the back of rise in demand from consuming industries mainly attributed to gain in zinc prices.

 

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First Published: Oct 11 2019 | 1:20 PM IST

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