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    Zinc futures rise on spot demand

    Synopsis

    Marketmen said widening of positions by participants following a pick-up in demand from consumer industries kept zinc prices higher in futures trade.

    On the Multi Commodity Exchange, zinc contracts for the September delivery traded higher by 90 paise, or 0.46 per cent, at Rs 195.20 per kg with a business turnover of 3,130 lots.
    New Delhi: Zinc prices on Wednesday rose 90 paise to Rs 195.20 per kg in the futures trade tracking a firm trend in physical markets on the back of a pick-up in spot demand. On the Multi Commodity Exchange, zinc contracts for the September delivery traded higher by 90 paise, or 0.46 per cent, at Rs 195.20 per kg with a business turnover of 3,130 lots.

    Marketmen said widening of positions by participants following a pick-up in demand from consumer industries kept zinc prices higher in futures trade.
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