Zinc prices edged higher by 0.15 per cent to Rs 198.30 per kg in futures market today as speculators created fresh positions following uptick in demand at the spot market.
At the Multi Commodity Exchange, zinc for delivery in July inched up by 30 paise or 0.15 per cent to Rs 198.30 per kg in business turnover of 817 lots.
On similar lines, the metal for delivery in August contracts was trading higher by 15 paise or 0.08 per cent to Rs 198 per kg in 17 lots.
Analysts said fresh positions created by participants due to upsurge in demand from consuming industries at the spot market, mainly led to rise in zinc prices at futures trade.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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