Zinc futures rise on spot demand

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New Delhi, Feb 12 (PTI) Zinc prices rose Rs 1.75 to Rs 223.60 per kg in the 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 the February delivery traded higher by Rs 1.75, or 0.79 per cent, at Rs 223.60 per kg with a business turnover of 2,608 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 HRS hrs