Zinc futures rise 1.39 per cent on spot demand

Zinc prices rose by 1.39 per cent to Rs 204.45 per kg in futures trade Thursday, tracking a firm trend at the spot market on the back of pick-up in demand.

On the Multi Commodity Exchange, zinc for June contracts was trading higher by Rs 2.80, or 1.39 per cent, to Rs 204.45 per kg with a business turnover of 4,508 lots.

Marketmen said widening of positions by participants following pick-up in demand from consuming industries kept zinc prices higher.

-PTI