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Zinc futures edge up 0.23 pc on positive spot cues

Press Trust of India  |  New Delhi 

prices inched up by 0.23 per cent to Rs 177.50 per kg in futures trade today as speculators created fresh positions taking positive cues from the spot market on pick up in demand.

At the Multi Commodity Exchange, for delivery in July edged up by 40 paise, or 0.23 per cent, to Rs 177.50 per kg in a business turnover of 884 lots.

Similarly, the for delivery in August was enquired higher by a similar margin to Rs 177.65 per kg in 43 lots.

Analysts said fresh positions built up by participants due to uptick in demand from consuming industries in the physical markets mainly influenced prices at futures trade.

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

First Published: Thu, July 12 2018. 11:05 IST