NEW DELHI, Oct 21: Zinc futures rose by 0.11 per cent to Rs 135.205 per kg today as speculators enlarged positions amid a firm global trend and better domestic demand.
At the Multi Commodity Exchange, zinc for delivery in October edged up by 15 paise, or 0.11 per cent, to Rs 135.20 per kg, with a business turnover of 185 lots.
The metal for delivery in November also rose by a similar margin to trade at Rs 135.80 per kg in a turnover of two lots.
Market analysts said besides improved demand in the spot market, firming trend in base metals overseas as economic growth and factory output data for the third quarter from China, the biggest user of industrial metals, beat analysts’ estimates, mainly led to rise in zinc prices at futures trade here. (PTI)
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