Zinc futures rise on spot demand

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New Delhi, Feb 18 (PTI) Zinc prices rose Rs 1.45 to Rs 230.85 per kg in the futures trade on Thursday tracking a firm trend in physical markets on the back of a pick-up in the spot demand.

On the Multi Commodity Exchange, zinc contracts for the February delivery traded higher by Rs 3.30, or 1.45 per cent, to Rs 230.85 per kg with a business turnover of 2,446 lots.

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