Zinc futures strengthen on fresh bets

Zinc prices on Wednesday rose 0.14 per cent to Rs 182.85 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 25 paise, or 0.14 per cent, to Rs 182.85 per kg in a business turnover of 1,212 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.