Zinc prices went up by 0.78 per cent to Rs 168.30 per kg in futures market today as speculators built up fresh positions amid firm trend at spot market on uptick in demand from consuming industries.
At the Multi Commodity Exchange, zinc for delivery in April rose by Rs 1.30, or 0.78 per cent to Rs 168.30 per kg in business turnover of 743 lots.
Likewise, the metal for delivery in May contracts traded higher by Rs 1.20, or 0.72 per cent to Rs 168.60 per kg in 404 lots.
Analysts said fresh positions created by speculators following improved demand in the domestic spot market mainly led to rise in zinc prices at futures trade.
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