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Zinc marginally up on overseas cues

Improved demand in spot market supported the trade

Press Trust of India New Delhi
Zinc futures prices today edged up by 0.10% to Rs 101.40 per kg amid a firm global trend, as speculators enlarged positions.

At the Multi Commodity Exchange (MCX), the June contract moved up by 10 paise, or 0.10%, to Rs 101.40 per kg in 25 lots.

The May contract gained 5 paise, or 0.05% to Rs 100.25 per kg in 602 lots.

Marketmen said besides improved demand in the spot market, a firming trend in copper and other base metals overseas on improving US data, supported the rise in metal prices at futures trade.
 

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First Published: May 15 2013 | 2:10 PM IST

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