Zinc rises 0.3% on global cues

Fresh positions by speculators, pick up in spot market demand supported the trade

Press Trust of India New Delhi
Last Updated : Mar 12 2013 | 2:26 PM IST
Zinc futures for March traded higher by 30 paise, or 0.28% to Rs 106.30 per kg in 8,478 lots.     

At the Multi Commodity Exchange (MCX), the April contract edged up by 20 paise, or 0.19% to Rs 107.20 per kg in 442 lots.

Fresh positions by speculators on pick up in spot market demand supported the trade.

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Firm global trend mainly led to rise in zinc futures trade here.

On the London Metal Exchange (LME), zinc gained 0.4% to $1,968.25 a tonne.
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First Published: Mar 12 2013 | 2:24 PM IST

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