Zinc up 0.3% on firm spot demand
Prices moved up as speculators enlarged positions
)
Zinc futures prices today edged up by 0.25% to Rs 99.70 per kg after speculators enlarged positions amid a firm trend at domestic spot markets.
At the Multi Commodity Exchange (MCX), the May contract edged up by 25 paise, or 0.25%, to Rs 99.70 per kg in 899 lots.
The June contract gained 15 paise, or 0.15% to trade at Rs 100.55 per kg in 68 lots.
Marketmen said improved demand in the spot market mainly supported the upside in zinc futures prices.
At the Multi Commodity Exchange (MCX), the May contract edged up by 25 paise, or 0.25%, to Rs 99.70 per kg in 899 lots.
The June contract gained 15 paise, or 0.15% to trade at Rs 100.55 per kg in 68 lots.
Marketmen said improved demand in the spot market mainly supported the upside in zinc futures prices.
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 17 2013 | 2:29 PM IST