Zinc futures rise on high demand

Zinc prices on Tuesday rose 5 paise to Rs 225.65 per kilogram in the futures trade amid a pick up in spot demand.

On the Multi Commodity Exchange, zinc contracts for January delivery traded higher by 5 paise or 0.02 per cent at Rs 225.65 per kg with a business turnover of 2,864 lots.

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