Zinc futures gain on firm spot demand

Zinc futures gain on firm spot demand
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Synopsis

On MCX, zinc futures rose by Rs 1.05 to Rs 232.20 per kg.

Analysts said fresh positions created by traders supported prices.

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Commodity Summary

MCX
NEW DELHI: Zinc prices on Monday rose 0.45 per cent to Rs 232.20 per kg in the futures trade on a firm spot demand.

On the Multi Commodity Exchange, zinc contracts for the May delivery rose by Rs 1.05, or 0.45 per cent, to Rs 232.20 per kg in 1,930 lots.

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

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