Zinc futures were trading higher
during the afternoon trade in the domestic market on Wednesday as
speculators created fresh positions on pick-up in demand from
consuming industries at the spot markets.
Market analysts attributed the
rise in zinc futures to fresh bets created by participants on the
back of rising demand at the domestic spot market.
At the MCX, zinc futures for
August 2017 contract was trading at Rs 200 per kg, up by 0.20 per
cent, after opening at Rs 201.70, against a previous close of Rs
199.60. It touched the intra-day high of Rs 200.50.
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