 "Zinc marginally up 0.8% on spot demand")
Zinc futures prices today edged up by 0.83% to Rs 109.50 per kg after speculators built-up positions amid a firming trend in the spot market on good demand.
Besides, a firming trend in base metals in the global market also supported the upside.
At the Multi Commodity Exchange, zinc for delivery in June edged up by 90 paise, or 0.83%, to Rs 109.50 per kg with a business turnover of 1,723 lots.
Traders said apart form improved demand in the spot market, firmness in copper and other base metals at the London Metal Exchange, mainly influenced zinc futures here.
Besides, a firming trend in base metals in the global market also supported the upside.
At the Multi Commodity Exchange, zinc for delivery in June edged up by 90 paise, or 0.83%, to Rs 109.50 per kg with a business turnover of 1,723 lots.
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Zinc for delivery in July gained 80 paise, or 0.73%, to trade at Rs 110.60 per kg with a business turnover of 71 lots.
Traders said apart form improved demand in the spot market, firmness in copper and other base metals at the London Metal Exchange, mainly influenced zinc futures here.
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