Declining stockpiles lift zinc futures
30/10/2014 16:37
Zinc prices rose by 0.07 per cent on Thursday at the domestic markets due to the decline in the lead stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME zinc stocks fell by 2425 metric tonnes to 703100 metric tonnes as on October 30, 2014.
At the MCX, Zinc futures, for the October 2014 contract, is trading at Rs 141.30 per kg, up by 0.07 per cent, after opening at Rs 140.40, against a previous close of Rs 141.20. It touched an intra-day high of Rs 141.60 till the trading. (At 4.38 PM today)
30/10/2014 16:37
Zinc prices rose by 0.07 per cent on Thursday at the domestic markets due to the decline in the lead stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME zinc stocks fell by 2425 metric tonnes to 703100 metric tonnes as on October 30, 2014.
At the MCX, Zinc futures, for the October 2014 contract, is trading at Rs 141.30 per kg, up by 0.07 per cent, after opening at Rs 140.40, against a previous close of Rs 141.20. It touched an intra-day high of Rs 141.60 till the trading. (At 4.38 PM today)
