Zinc up 0.2% on spot demand, global cues

Metal for delivery in April traded higher by 0.16%

Press Trust of India New Delhi
Last Updated : Mar 12 2014 | 12:34 PM IST
Zinc futures edged up by 0.25% to Rs 122.55 per kg today, largely on firm demand at domestic markets amid a firming trend overseas.

At the Multi Commodity Exchange, zinc for delivery in March increased marginally by 30 paise, or 0.25%, to Rs 122.55 per kg, with a business turnover of 352 lots.

Likewise, the metal for delivery in April traded higher by 20 paise, or 0.16%, to Rs 123.30 per kg in a turnover of 11 lots.

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Globally, zinc traded higher at the London Metal Exchange (LME).

Analysts said besides increased demand in the spot market, the metal's strength at the LME, influenced zinc futures here.
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First Published: Mar 12 2014 | 12:34 PM IST

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