Zinc futures rise on spot demand

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New Delhi, Feb 22 (PTI) Zinc prices on Monday rose by Rs 4.50 to Rs 231.85 per kg in futures trade 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 February delivery traded higher by Rs 4.50, or 1.98 per cent, to Rs 231.85 per kg with a business turnover of 2,499 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