Zinc marginally up on overseas cues

Improved demand in spot market supported the trade

Press Trust of India New Delhi
Last Updated : May 15 2013 | 2:13 PM IST
Zinc futures prices today edged up by 0.10% to Rs 101.40 per kg amid a firm global trend, as speculators enlarged positions.

At the Multi Commodity Exchange (MCX), the June contract moved up by 10 paise, or 0.10%, to Rs 101.40 per kg in 25 lots.

The May contract gained 5 paise, or 0.05% to Rs 100.25 per kg in 602 lots.

Marketmen said besides improved demand in the spot market, a firming trend in copper and other base metals overseas on improving US data, supported the rise in metal prices at futures trade.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 15 2013 | 2:10 PM IST

Next Story