Spot Demand Spurs Zinc Futures: Prices Climb 35 Paise to Rs 262.30/kg
By The Capital
On
Zinc prices rose by 35 paise to Rs 262.30 per kilogram in the futures trade on Thursday due to an increase in spot demand. Zinc contracts for May…
Zinc prices rose by 35 paise to Rs 262.30 per kilogram in the futures trade on Thursday due to an increase in spot demand. Zinc contracts for May delivery on the Multi Commodity Exchange traded 35 paise higher, or 0.13 percent, at Rs 262.30 per kg with a business turnover of 2,916 lots. Market analysts attributed the rise in zinc prices to the widening of positions by participants, driven by an uptick in demand from consuming industries.
Tags
Latest Posts
'Shameful, condemnable': Rahul slams police action against protesting BPSC candidates in Patna
26 Dec 2024
Leader of Opposition in Lok Sabha Rahul Gandhi Thursday condemned the police action on protesting Bihar Public Service Commission (BPSC)...