 "Zinc up by 0.4%, aided by spot demand")
Zinc futures were up by 0.36% to Rs 126.10 per kg as speculators created positions amid a firming trend in base metals on better domestic demand.
Zinc for delivery in August was up by 45 paise, or 0.36%, to Rs 126.10 per kg, with a business turnover of 196 lots in futures trading at the Multi Commodity Exchange.
The metal for delivery this month also rose 40 paise, or 0.32% to Rs 126.25 per kg, with a business turnover of 778 lots.
Marketmen said a firming trend at domestic spot market on the back of pick up in industrial demand supported the upside in zinc prices at futures trade here but weakness in metals at the London Metal Exchange on demand concerns as China's economy slows.
Zinc for delivery in August was up by 45 paise, or 0.36%, to Rs 126.10 per kg, with a business turnover of 196 lots in futures trading at the Multi Commodity Exchange.
The metal for delivery this month also rose 40 paise, or 0.32% to Rs 126.25 per kg, with a business turnover of 778 lots.
Marketmen said a firming trend at domestic spot market on the back of pick up in industrial demand supported the upside in zinc prices at futures trade here but weakness in metals at the London Metal Exchange on demand concerns as China's economy slows.
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 →*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
SAVE 25%