Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

Zinc Futures Gain On Spot Demand

Zinc contracts for June delivery traded higher by 5 paise, or 0.03 per cent, at Rs 159.20 per kg with a business turnover of 2,547 lots.

Photo Credit :

1592384193_V4Sv02_49186269727_397d2c16d7_b.jpg

Zinc prices on Wednesday rose 0.03 per cent to Rs 159.20 per kg in futures trade, tracking a firm trend in physical markets on the back of pick-up in spot demand.

On the Multi Commodity Exchange, zinc contracts for June delivery traded higher by 5 paise, or 0.03 per cent, at Rs 159.20 per kg with a business turnover of 2,547 lots.

Marketmen said widening of positions by participants, following pick-up in demand from consuming industries, kept zinc prices higher in futures trade. 

(PTI)


Tags assigned to this article:
zinc Spot Demand multi commodity exchange markets