Moneycontrol PRO
HomeNewsBusinesscommoditiesZinc futures rise marginally to Rs 162.75/kg

Zinc futures rise marginally to Rs 162.75/kg

On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by 85 paise, or 0.09 percent, at Rs 162.75 per kg with a business turnover of 2,062 lots.

July 03, 2020 / 15:34 IST

Zinc prices on Friday rose by 15 paise to Rs 162.75 per kg in futures trade, tracking a firm trend in physical markets on the back of pick-up in spot demand.

On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by 85 paise, or 0.09 percent, at Rs 162.75 per kg with a business turnover of 2,062 lots.

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

PTI
first published: Jul 3, 2020 03:25 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347