Business Standard

Spot demand lifts zinc futures by 0.11%

Image

Press Trust of India New Delhi
Zinc prices rose by 0.11 per cent to Rs 176.80 per kg in futures trade Friday tracking a firm trend at the physical market on the back of pick-up in demand.
At the Multi Commodity Exchange, zinc for January was trading higher by 0.20 paise, or 0.11 per cent, to Rs 176.80 per kg with a business turnover of 1,635 lots.
Marketmen said fresh positions created by participants due to pick-up in demand from consuming industries in the spot market, mainly led to the rise in zinc prices at futures trade.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 28 2018 | 3:15 PM IST

Explore News