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Zinc up by 0.2% on overseas cues

Marketmen said improved demand in the spot market amid a firming trend in base metals overseas, supported the prices

Press Trust of India New Delhi
Taking positive cues from global markets and better domestic demand, zinc futures prices today edged up marginally by 0.24% to Rs 125.40 per kg as speculators enlarged positions.

At the Multi Commodity Exchange, zinc for delivery in March up by 30 paise, or 0.24%, to Rs 125.40 per kg, with a business turnover of eight lots.

The metal for delivery in February also rose by 25 paise, or 0.20%, to Rs 124.90 per kg in a business volume of 473 lots.

Marketmen said improved demand in the spot market amid a firming trend in base metals overseas, supported the rise in zinc futures here.
 

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First Published: Feb 12 2014 | 11:40 AM IST

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