Zinc Prices Increased by 0.15 %

Zinc prices increased by 0.15 % on Thursday at the domestic markets due to the diminish in the zinc stockpiles at the London Metal Exchange (LME) on account of the weak desired for the commodity. LME zinc stocks slid by 3275 metric tonnes to 649400 metric tonnes as on 22 Jan 2015. Zinc futures for January 2015 contract, at MCX, were trading at Rs 131.65/kg, upward by 0.15 % after opening at Rs. 131.25 against the last day of ending price of Rs. 131.45. It touched the intra day max of Rs. 132.30 till the trading. (At 3.45 PM).