Zinc futures rise on strong demand


New Delhi, Jan 12 (PTI) Zinc prices on Wednesday rose by Rs 2.05 to Rs 291.50 per kg in futures trade on a firm trend at the spot market.

On the Multi Commodity Exchange, zinc for the contract for delivery in January rose by Rs 2.05, or 0.71 per cent, to Rs 291.50 per kg. In this, deals were done for 1,581 lots.

Traders said increasing positions by participants due to increased demand from consuming industries at the spot market mainly led to rise in zinc prices at futures trade.