Zinc futures rise on spot demand

Zinc prices edged up by 15 paise to Rs 181.75 per kg in futures market on Wednesday as traders built up fresh positions on spot demand. On the Multi Commodity Exchange, zinc for delivery in October traded higher by 15 paise, or 0.08 per cent, to Rs 181.75 per kg in a business turnover of 2,350 lots.

The metal for delivery in November edged up by 5 paise, or 0.03 per cent, to Rs 183.80 per kg in 50 lots. Marketmen said building up of fresh positions by participants following improved demand at the domestic spot market mainly influenced prices here.