Zinc up 0.2% on overseas cues, spot demand
Firming trend in base metals overseas, supported the upside in zinc prices at futures trade
 "Zinc up 0.2% on overseas cues, spot demand")
Zinc futures prices today edged up by 0.24% to Rs 124.25 per kg amid a firm global trend and better domestic demand, as speculators created positions.
At the Multi Commodity Exchange, zinc for delivery in current month up by 30 paise, or 0.24%, to Rs 124.25 per kg, with a business turnover of 254 lots.
The metal for delivery in January also rose by a similar margin to trade at Rs 124.90 per kg, with a business turnover of 15 lots.
Marketmen said besides improved demand in the spot market, a firming trend in base metals overseas, supported the upside in zinc prices at futures trade.
At the Multi Commodity Exchange, zinc for delivery in current month up by 30 paise, or 0.24%, to Rs 124.25 per kg, with a business turnover of 254 lots.
The metal for delivery in January also rose by a similar margin to trade at Rs 124.90 per kg, with a business turnover of 15 lots.
Marketmen said besides improved demand in the spot market, a firming trend in base metals overseas, supported the upside in zinc prices at futures trade.