Zinc futures gain on spot demand

n the Multi Commodity Exchange, zinc contracts for May delivery traded higher by 5 paise, or 0.03 per cent, at Rs 153.15 per kg with a business turnover of 11,599 lots.



Zinc prices on Wednesday rose 0.03 percent to Rs 153.15 per kg in futures trade tracking a firm trend in physical markets on the back of pick-up in demand.
On the Multi Commodity Exchange, zinc contracts for May delivery traded higher by 5 paise, or 0.03 per cent, at Rs 153.15 per kg with a business turnover of 11,599 lots.
Marketmen said widening of positions by participants, following pick-up in demand from consuming industries, kept zinc prices higher.

TAGS #Business #Commodities #Market News #Zinc


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