Zinc futures rise marginally on uptick in demand

Zinc prices on Friday rose 0.23 per cent to Rs 193.45 per kg in futures trade, tracking a firm trend in physical market on the back of uptick in demand.

On the Multi Commodity Exchange, zinc for November contracts was trading higher by 45 paise, or 0.23 per cent, at Rs 193.45 per kg with a business turnover of 1,829 lots.

Marketmen said zinc prices rose as participants raised bets following a pickup in demand from consuming industries.