Zinc prices rose by 0.54 per cent to Rs 167.10 per kg in futures market today as participants built up positions tracking a firm global trend.
At the Multi Commodity Exchange, zinc for delivery in August rose by 90 paise, or 0.54 per cent, to Rs 167.10 per kg, in a business turnover of 592 lots.
Likewise, the metal for delivery in September was up by 90 paise, or 0.53 per cent, to Rs 167.50 per kg in 15 lots.
Analysts said traders created fresh positions due to pick up in demand from consuming industries in the spot market and a firm trend in select base metals in global market, mainly influenced zinc prices at futures trade.
Disclaimer: No Business Standard Journalist was involved in creation of this content
