NEW DELHI, Mar 13: Tracking gains in the entire base metals pack at the London Metal Exchange and firm domestic demand, zinc futures prices today edged up by 0.70 per cent to Rs 108.60 per kg, as speculators enlarged positions.
At the Multi Commodity Exchange, zinc for delivery in April rose by 75 paise, or 0.70 per cent, to Rs 108.60 per kg, with a business turnover of 261 lots.
In similar fashion, the metal for delivery in March gained 65 paise, or 0.61 per cent, to Rs 107.60 per kg, with a business turnover of 3,493 lots.
Marketmen said firm demand in the spot market amid a firming trend in base metals overseas on the back of signs of strength in Chinese auto sales, raising demand outlook for base metals, supported the rise in metal prices at futures trade here. (PTI)
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