Zinc futures rise on increasing demand 23/10/2017

Zinc futures rise on increasing demand
23/10/2017 14:01

Zinc futures were trading higher during the afternoon trade in the domestic market on Monday 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 206.10 per kg, up by 0.66 per cent, after opening at Rs 205, against a previous close of Rs 204.75. It touched the intra-day high of Rs 206.30 (at 14:07 hours).