Zinc prices edged higher by 0.15 per cent to Rs 198.30 per kg in futures market today as speculators created fresh positions following uptick in demand at the spot market.
At the Multi Commodity Exchange, zinc for delivery in July inched up by 30 paise or 0.15 per cent to Rs 198.30 per kg in business turnover of 817 lots.
On similar lines, the metal for delivery in August contracts was trading higher by 15 paise or 0.08 per cent to Rs 198 per kg in 17 lots.
Analysts said fresh positions created by participants due to upsurge in demand from consuming industries at the spot market, mainly led to rise in zinc prices at futures trade.
Disclaimer: No Business Standard Journalist was involved in creation of this content
