Zinc futures advance on spot demand

New Delhi, Jun 2 (PTI) Zinc prices on Tuesday rose 0.12 per cent to Rs 161.40 per kg in futures trade, tracking a firm trend in physical markets on the back of pick-up in demand.

On the Multi Commodity Exchange, zinc contracts for June delivery traded higher by 20 paise, or 0.12 per cent, at Rs 161.40 per kg with a business turnover of 2,299 lots.

Marketmen said widening of positions by participants, following pick-up in demand from consuming industries, kept zinc prices higher in futures trade. PTI RUJ SHW SHW