Zinc futures rise on spot demand

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New Delhi, Dec 18 (PTI) Zinc prices rose by Rs 1.60 to Rs 223.50 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 December delivery traded higher by Rs 1.60 or 0.72 per cent, at Rs 223.50 per kg with a business turnover of 2,400 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 SHW RUJ RUJ