 "Zinc up 0.2% on overseas cues, spot demand")
Supported by a firming trend overseas and firm demand at spot markets, zinc futures edged up by 0.29% to Rs 122.70 per kg today amid a firm global trend.
Globally, zinc for delivery in three months on the London Metal Exchange added as much as 1.1% to $2,008.50 per tonne.
At the Multi Commodity Exchange, zinc for delivery in April traded up by 35 paise, or 0.29%, to Rs 122.70 per kg, with a business turnover of 20 lots.
Marketmen said besides improved demand in the spot market, a firming trend in the metal ahead of China factory output data, supported the upside in zinc prices at futures trade.
Globally, zinc for delivery in three months on the London Metal Exchange added as much as 1.1% to $2,008.50 per tonne.
At the Multi Commodity Exchange, zinc for delivery in April traded up by 35 paise, or 0.29%, to Rs 122.70 per kg, with a business turnover of 20 lots.
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The metal for delivery in March also rose by 30 paise, or 0.25%, to Rs 121.65 per kg, with a business turnover of 474 lots.
Marketmen said besides improved demand in the spot market, a firming trend in the metal ahead of China factory output data, supported the upside in zinc prices at futures trade.
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