Zinc prices up 0.19%

The June delivery also edged up by similar margin to Rs 105.80 per kg in a turnover of 199 lots

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 3:44 AM IST

Zinc prices edged higher by 0.19% to Rs 105.45 per kg in futures trading today largely in tandem with a firming trend at the spot markets on rising demand even as metal eased in global markets.

At the Multi Commodity Exchange, the May zinc traded higher by 20 paise, or 0.19%, to Rs 105.45 per kg, with a business turnover of 622 lots.

The June delivery also edged up by similar margin to Rs 105.80 per kg in a turnover of 199 lots.

Analysts attributed the rise in zinc futures to a firming trend at spot markets on the back of industrial demand but weakness in metal at the London Metal Exchange, capped the gains.

*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 29 2012 | 1:44 PM IST

Next Story