Zinc futures up on rising demand
08/08/2016 10:40
Zinc futures were trading higher during the morning trade in the domestic market on Monday as traders widened their positions on account of pick up in spot demand from consuming industries at the domestic spot markets. Further, an increase in demand for zinc at the domestic spot market was led by building up of fresh bets by traders in the spot markets, supported zinc prices at futures trade. At that MCX, zinc futures for August 2016 contract is trading at Rs 152.05 per kg, up by 0.30 per cent, after opening at Rs 152.20, against a previous close of Rs 151.60. It touched the intra-day high of Rs 152.25 (at 10:29 hours).
08/08/2016 10:40
