Zinc futures rise on high demand

Zinc futures rise on high demand

New Delhi, Nov 20 (PTI) Zinc prices on Monday rose 20 paise to Rs 227.35 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 20 paise or 0.09 per cent at Rs 227.35 per kg with a business turnover of 3,100 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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