Zinc futures up on increasing demand : 16/10/2018
Zinc futures up on increasing demand
16/10/2018 14:45
Zinc futures were trading higher during the noon trade in the domestic market on Tuesday 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 September 2018 contract was trading at Rs 194.95 per kg, up by 0.46 per cent, after opening at Rs 193.80, against a previous close of Rs 194.20. It touched the intra-day high of Rs 195.15 (at 14:45 hrs)
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Zinc futures up on increasing demand
16/10/2018 14:45
Zinc futures were trading higher during the noon trade in the domestic market on Tuesday 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 September 2018 contract was trading at Rs 194.95 per kg, up by 0.46 per cent, after opening at Rs 193.80, against a previous close of Rs 194.20. It touched the intra-day high of Rs 195.15 (at 14:45 hrs)
