Zinc futures rise on spot demand



Zinc prices on Wednesday rose by Rs 1.60 to Rs 166.30 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 Rs 1.60, or 0.97 per cent, at Rs 166.30 per kg with a business turnover of 2,456 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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