Zinc futures were trading higher during the afternoon trade in the
domestic market on Thursday 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
199.20 per kg, up by 0.96 per cent, after opening at Rs 198.80, against a
previous close of Rs 197.30. It touched the intra-day high of Rs
199.60.
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