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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.
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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)