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Zinc Futures up 0.24 per cent on Overseas Cues, Spot Demand

Friday, February 14, 2014
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[Fellow]Taking positive cues from global markets and bette

Taking positive cues from global markets and better domestic demand, zinc futures prices today edged up marginally by 0.24 per cent to Rs 125.40 per kg as speculators enlarged positions.

At the Multi Commodity Exchange, zinc for delivery in March up by 30 paise, or 0.24 per cent, to Rs 125.40 per kg, with a business turnover of eight lots.

The metal for delivery in February also rose by 25 paise, or 0.20 per cent, to Rs 124.90 per kg in a business volume of 473 lots.

Marketmen said improved demand in the spot market amid a firming trend in base metals overseas, supported the rise in zinc futures here.

[Editor:editor]

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