Zinc futures were trading higher during the morning trade in the domestic market on Friday as investors and speculators build up fresh positions in the industrial metal amid subdued physical demand from consuming industries at the domestic spot markets.
Further, participants indulged in widening their positions in the industrial metal led by rise in demand from consuming industries, supported prices of zinc at futures trade.
At the MCX, zinc futures for October 2016 contract is trading at Rs 158.05 per kg, up by 0.32 per cent, after opening at Rs 158, against a previous close of Rs 157.55. It touched the intra-day high of Rs 158.30 e
Further, participants indulged in widening their positions in the industrial metal led by rise in demand from consuming industries, supported prices of zinc at futures trade.
At the MCX, zinc futures for October 2016 contract is trading at Rs 158.05 per kg, up by 0.32 per cent, after opening at Rs 158, against a previous close of Rs 157.55. It touched the intra-day high of Rs 158.30 e
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