Tuesday, 11 July 2017

Zinc futures rise on pick-up in spot demand : 11 July


Zinc futures were trading higher during the afternoon trade in the domestic market on Tuesday 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 July 2017 contract is trading at Rs 180 per kg, up by 0.59 per cent, after opening at Rs 179.19, against a previous close of Rs 178.95. 

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