Zinc up 0.5% on overseas cues, spot demand

Improved demand in the spot market amid a firming trend helped prices

Press Trust of India New Delhi
Last Updated : Mar 25 2014 | 12:12 PM IST
Zinc futures edged up by 0.55% to Rs 118.20 per kg amid a firm global trend and better domestic demand as speculators enlarged positions.

At the Multi Commodity Exchange, zinc for delivery in March edged up by 65 paise, or 0.55%, to Rs 118.20 per kg, with a business turnover of 313 lots.

The metal for delivery in April also rose by 55 paise, or 0.46%, to Rs 119.10 per kg, with a business turnover of 27 lots.

Marketmen said improved demand in the spot market amid a firming trend in select base metals overseas, supported the rise in metal prices at futures trade.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 25 2014 | 11:31 AM IST

Next Story