Zinc futures rise on surging demand
26/10/2017 14:00
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 October 2017 contract was trading at Rs 213.45 per kg, up by 0.33 per cent, after opening at Rs 213, against a previous close of Rs 212.75. It touched the intra-day high of Rs 213.90 (at 14:06 hours).
26/10/2017 14:00
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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 October 2017 contract was trading at Rs 213.45 per kg, up by 0.33 per cent, after opening at Rs 213, against a previous close of Rs 212.75. It touched the intra-day high of Rs 213.90 (at 14:06 hours).
