 "Zinc up 0.4% on spot demand, global cues")
Zinc futures prices today edged up by 0.43% to Rs 117.90 per kg today as speculators enlarged positions, amid domestic spot and firm global trend.
At the Multi Commodity Exchange, zinc for delivery in October increased by 50 paise, or 0.43%, to Rs 117.90 per kg, with a business turnover of 454 lots.
Likewise, the metal for delivery in November traded higher by 45 paise, or 0.38%, to Rs 119.30 per kg in a turnover of 23 lots.
Traders said besides improved spot demand, a firming trend in select base metals overseas, mainly led to the rise in zinc prices at futures trade here.
At the Multi Commodity Exchange, zinc for delivery in October increased by 50 paise, or 0.43%, to Rs 117.90 per kg, with a business turnover of 454 lots.
Likewise, the metal for delivery in November traded higher by 45 paise, or 0.38%, to Rs 119.30 per kg in a turnover of 23 lots.
Traders said besides improved spot demand, a firming trend in select base metals overseas, mainly led to the rise in zinc prices at futures trade here.
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