Zinc Futures Rise 0.67% to Rs 422.60 on Demand
Zinc futures gained 0.67 per cent on MCX Wednesday as strong spot market demand lifted October contracts.
LUCKNOW- Zinc futures gained 0.67 per cent to Rs 422.60 per kg today as strong buying pushed up the MCX zinc price today. The October contract was up Rs 2.80, after firm sentiment in the Indian commodity market and base metals segment.
Zinc October delivery contracts on the Multi Commodity Exchange recorded a business turnover of 968 lots. Higher demand in the spot market helped drive the rally, traders said. Zinc futures remained in focus among commodity trading participants and metal investors.
The uptick in zinc price per kg signals steady industrial appetite for base metals. Market watchers will track upcoming sessions closely, as MCX zinc movements shape broader commodity market trends and influence sentiment in today's breaking market news.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Wow
0
Sad
0
Angry
0
Journalist
Comments (0)