Zinc futures rise on spot demand



Zinc prices on Thursday rose by 85 paise to Rs 165.10 per kg in futures trade, tracking a firm trend in physical markets on the back of pick-up in spot demand.

On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by 85 paise, or 0.52 per cent, at Rs 165.10 per kg with a business turnover of 2,052 lots.




Marketmen said widening of positions by participants following pick-up in demand from consuming industries kept zinc prices higher in futures trade.
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