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Zinc futures rise on positive demand

Press Trust of India  |  New Delhi 

Zinc prices on Friday rose 0.55 per cent to Rs 183.75 per kg in futures market as traders built up fresh positions amid increase in spot demand.

On the Multi Commodity Exchange, zinc for delivery in December traded higher by Re 1, or 0.55 per cent, to Rs 183.75 per kg in a business turnover of 2,048 lots.

Market analysts said fresh positions created by participants on the back of rise in demand from consuming industries mainly attributed to gain in zinc prices.

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

First Published: Fri, December 06 2019. 13:15 IST
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