Zinc futures gain on spot demand

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New Delhi, April 23 (PTI) Zinc prices rose by 0.04 per cent to Rs 228.85 per kg in futures trade on Friday tracking a firm trend in physical markets on the back of a pick-up in spot demand.

On the Multi Commodity Exchange, zinc contracts for April delivery traded higher by 10 paise, or 0.04 per cent, to Rs 228.85 per kg with a business turnover of 1,162 lots.

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