Zinc futures up 0.73 pc on overseas cues, spot demand

NEW DELHI, July 17: Zinc futures prices today edged up by 0.73 per cent to Rs 110.75 per kg amid a firm global trend and better domestic demand, as speculators enlarged positions.
At the Multi Commodity Exchange, zinc for delivery in July edged up by 80 paise, or 0.73 per cent, to Rs 110.75 per kg, with a business turnover of 759 lots.
The metal for delivery in August also rose marginally by 75 paise, or 0.67 per cent, to Rs 112.05 per kg , with a business turnover of 85 lots.
In the international market, zinc climbed 0.2 per cent to USD 1,891 a tonne at the London Metal Exchange.
Marketmen said improved demand in the spot market amid a firming trend in base metals overseas, influenced metal prices at futures trade. (PTI)
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