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Spot demand lifts zinc futures by 0.51 per cent

Press Trust of India  |  New Delhi 

Zinc prices inched up by 0.51 per cent to Rs 187.75 per kg in futures trade on Tuesday as traders created fresh positions following pick up in demand in the spot markets amid positive overseas cues.

In futures trading at the Multi Commodity Exchange, zinc for delivery in current month traded higher by 95 paise, or 0.51 per cent, at Rs 187.75 per kg in business turnover of 266 lots.

Market analysts said apart from positive overseas cues, rising demand from consuming industries in spot markets led to rise in zinc futures here.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 06 2018. 13:25 IST