NEW DELHI: Amid a firm global trend and better domestic demand, zinc futures prices rose marginally by 0.10 per cent to Rs 98.65 per kg today as speculators enlarged positions.
At the Multi Commodity Exchange, zinc for delivery in October edged up by 10 paise, or 0.10 per cent, to Rs 98.65 per kg, with a business turnover of 2,198 lots.
Likewise, the metal for delivery in November traded higher by a similar margin to Rs 100.25 per kg, with a business turnover of 282 lots.
Marketmen said improved demand in the spot market amid a firming trend in base metals overseas after data showed China's imports gained last month on signs that a slowdown in the largest metals user may have hit bottom, mainly led to rise in zinc futures.
