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    Zinc futures rise on higher spot demand

    Synopsis

    On the Multi Commodity Exchange, zinc contracts for the September delivery rose 70 paise, or 0.29 per cent, to Rs 245.90 per kg in 1,098 lots.

    Zinc-BCCL
    Analysts said fresh positions created by traders on higher demand from consumer industries supported prices here.
    NEW DELHI: Zinc prices on Monday appreciated 0.29 per cent to Rs 245.90 per kg in the futures trade, mainly due to a firm spot demand.

    On the Multi Commodity Exchange, zinc contracts for the September delivery rose 70 paise, or 0.29 per cent, to Rs 245.90 per kg in 1,098 lots.

    Analysts said fresh positions created by traders on higher demand from consumer industries supported prices here.




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    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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