Zinc futures up 0.54% on spot demand

Press Trust of India  |  New Delhi 

prices rose by 0.54 per cent to Rs 167.10 per kg in futures market today as participants built up positions tracking a firm global trend.

At the Multi Commodity Exchange, for delivery in August rose by 90 paise, or 0.54 per cent, to Rs 167.10 per kg, in a business turnover of 592 lots.

Likewise, the for delivery in September was up by 90 paise, or 0.53 per cent, to Rs 167.50 per kg in 15 lots.

Analysts said traders created fresh positions due to pick up in demand from consuming industries in the spot market and a firm trend in select base metals in global market, mainly influenced prices at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, August 20 2018. 11:50 IST