Zinc prices rose by 0.75 per cent to Rs 174.60 per kg in futures market as speculators raised bets, taking positive cues from the spot market on strong demand.
At the Multi Commodity Exchange, zinc for September edged up by Rs 1.30, or 0.75 per cent, to Rs 174.60 per kg in business turnover of 7708 lots.
Analysts said widening of positions by participants, driven by pick up in demand from consuming industries in the spot market pushed up zinc prices in futures trade.
Similarly, the metal for October was trading higher by Rs 1.25, or 0.72 per cent, to Rs 175 per kg in 111 lots.
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