Zinc futures rise on high demand

Zinc futures rise on high demand

New Delhi, Nov 15 (PTI) Zinc prices on Wednesday rose Rs 2.90 to Rs 232.60 per kilogram in the futures trade amid a pick-up in spot demand.

On the Multi Commodity Exchange, zinc contracts for November delivery traded higher by Rs 2.90 or 1.26 per cent at Rs 232.60 per kg with a business turnover of 4,879 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. PTI SGC SHW

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