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Zinc up 0.3% on Spot Demand

  • Thursday, December 19, 2013
  • Source:

  • Keywords:Zinc
[Fellow]
Zinc futures prices today edged up by 0.32% to Rs 123.80 per kg as speculators created positions despite metal's weakness in the global market.
 
At the Multi Commodity Exchange, zinc for delivery in January up by 40 paise, or 0.32%, to Rs 123.80 per kg, with a business turnover of 9 lots.
 
The metal for delivery in current month, December also rose by 35 paise, or 0.29%, to Rs 123.05 per kg, with a business turnover of 274 lots.
 
Marketmen said improved demand in the spot market mainly influenced zinc prices at futures trade but metal's losses at the London Metal Exchange, limited the gains.
  • [Editor:editor]

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