Zinc futures Wednesday edged 1 per cent higher to Rs 177.40 per kg as speculators created
positions, triggered by a firm trend in the domestic spot markets on industrial demand.
Besides, a firm trend in the base metals pack in global markert supported the upside.
At the Multi Commodity Exchange, zinc for delivery in current month moved up by Rs 1.75, or 1 per cent, to Rs 177.40 per kg, with a business turnover of 1,917 lots.
Marketmen said widening of bets by participants, following improved demand in the domestic spot market and a better trend in base metals overseas, influenced zinc prices in futures trade.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)