Zinc Futures Up On Increasing Demand

Zinc futures were trading higher during the afternoon trade in the domestic market on Wednesday 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 May 2018 contract was trading at Rs 209.05 per kg, up by 0.24 per cent, after opening at Rs 208.60, against a previous close of Rs 208.55. It touched the intra-day high of Rs 209.80.

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