Zinc futures up on increasing demand
25/01/2018
Zinc futures up on increasing demand
25/01/2018 14:01
Zinc futures were trading higher during the afternoon trade in the domestic market on Thursday as speculators created fresh positions on pick-up in demand from consuming industries at the spot markets.
Market analysts attributed the rise in zinc futures to fresh bets created by participants on the back of rising demand at the domestic spot market.
At the MCX, zinc futures for January 2018 contract was trading at Rs 221.20 per kg, up by 0.32 per cent, after opening at Rs 220.80, against a previous close of Rs 220.50. It touched the intra-day high of Rs 222.40(at 14:05 hours).
25/01/2018
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Zinc futures up on increasing demand
25/01/2018 14:01
Zinc futures were trading higher during the afternoon trade in the domestic market on Thursday as speculators created fresh positions on pick-up in demand from consuming industries at the spot markets.
Market analysts attributed the rise in zinc futures to fresh bets created by participants on the back of rising demand at the domestic spot market.
At the MCX, zinc futures for January 2018 contract was trading at Rs 221.20 per kg, up by 0.32 per cent, after opening at Rs 220.80, against a previous close of Rs 220.50. It touched the intra-day high of Rs 222.40(at 14:05 hours).
