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Zinc Futures up 0.12% on Overseas Cues, Spot Demand

  • Friday, January 17, 2014
  • Source:-

  • Keywords:Zinc Futures Overseas Cues
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Zinc futures prices edged up by 0.12 per cent to Rs 128.75 per kg amid a firm global trend and better domestic demand, as speculators enlarged positions.
 
At the Multi Commodity Exchange, zinc for delivery in January edged up by 15 paise, or 0.12 per cent, to Rs 128.75 per kg, with a business turnover of 269 lots.
 
The metal for delivery in February also rose by 10 paise, or 0.08 per cent to trade at Rs 129.15 per kg, with a business turnover 9 lots.
 

Marketmen said improved demand in the spot market amid a firming trend in base metals overseas, supported the rise in metal prices at futures trade.

  • [Editor:editor]

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