Business

zinc futures up on spot demand

Written by admin

zinc futures up on spot demand

New Delhi, Nov 24 (PTI) Zinc prices on Thursday rose by 5 paise to Rs 263.90 per kg in futures trade tracking a firm trend at the spot market amid pick-up in demand.

On the Multi Commodity Exchange, zinc for delivery in November futures traded higher by five paise, or 0.02 per cent, at Rs 263.90 per kg. It was traded for 2,484 lots.

Market analysts said widening of positions by traders following increased demand from consuming industries at the spot market mainly influenced zinc prices at futures market.

About the author

admin