Zinc futures zoom on rising demand
07/09/2016 10:54
Zinc futures were trading higher during the morning trade in the domestic market on Wednesday as investors and speculators build up fresh bets amid a surge in demand from consuming industries at the domestic spot markets. Further, an increase in demand for zinc at the domestic spot market was led by widening of positions by traders in the spot markets, influenced zinc prices at futures trade. At the MCX, zinc futures for September 2016 contract is trading at Rs 154.55 per kg, up by 0.62 per cent, after opening at Rs 154.25, against a previous close of Rs 153.60. It touched the intra-day high of Rs 154.60 (at 10:49 hours).
07/09/2016 10:54
