Zinc futures rise on spot demand

Zinc futures rise on spot demand
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  • Country:
  • India

Zinc prices rose 0.5 per cent to Rs 182.10 per kg in futures trade on Wednesday as speculators built up fresh positions taking positive cues from the spot market.

On the Multi Commodity Exchange, zinc for delivery in September traded 90 paise, or 0.5 per cent higher at Rs 182.10 per kg in a business turnover of 3,181 lots.

Marketmen said fresh positions built up by participants due to pick-up in spot market led to rise in zinc futures.

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