Zinc futures gain on firm spot demand

Zinc futures gain on firm spot demand
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Synopsis

On MCX, zinc contracts for the May delivery rose by 75 paise, or 0.32 per cent, to Rs 237.10 per kg.

Firm spot demand pushed prices higher in the futures market.

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Commodity Summary

MCX
NEW DELHI: Zinc prices on Wednesday rose 0.32 per cent to Rs 237.10 per kg in the futures trade on a firm spot demand.

On the Multi Commodity Exchange, zinc contracts for the May delivery rose by 75 paise, or 0.32 per cent, to Rs 237.10 per kg in 2,324 lots.

Analysts said fresh positions created by traders after positive demand from consumer industries supported prices here.

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