Zinc futures up on surging demand
20/09/2017
Zinc futures were trading higher during the afternoon trade in the domestic market on Wednesday 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 September 2017 contract was trading at Rs 201.75 per kg, up by 0.52 per cent, after opening at Rs 200.20, against a previous close of Rs 200.70. It touched the intra-day high of Rs 202.40 (at 14:06 hours).
20/09/2017
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Zinc futures were trading higher during the afternoon trade in the domestic market on Wednesday 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 September 2017 contract was trading at Rs 201.75 per kg, up by 0.52 per cent, after opening at Rs 200.20, against a previous close of Rs 200.70. It touched the intra-day high of Rs 202.40 (at 14:06 hours).
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