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Zinc Futures Rise On Spot Demand

Zinc contracts for the October delivery traded higher by 10 paise, or 0.04 per cent, to Rs 252.45 per kg with a business turnover of 97 lots.

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Zinc prices rose 10 paise to Rs 252.45 per kg in the futures trade on Tuesday tracking a firm trend in physical markets on the back of a pick-up in spot demand.

On the Multi Commodity Exchange, zinc contracts for the October delivery traded higher by 10 paise, or 0.04 per cent, to Rs 252.45 per kg with a business turnover of 97 lots.

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

(PTI)


Tags assigned to this article:
Spot Demand zinc futures trade