Zinc futures were trading higher during the morning trade in the domestic market on Friday as investors and speculators widened their bets in the industrial metal amid uptick in physical demand from consuming industries at the domestic spot markets.
Further, participants indulged in building up their positions in the industrial metal led by rise in physical demand from consuming industries, supported prices of zinc at futures trade.
At the MCX, zinc futures for November 2016 contract is trading at Rs 168.75 per kg, up by 0.36 per cent, after opening at Rs 168.35, against a previous close of Rs 168.15. It touched the intra-day high of Rs 169.20.
Further, participants indulged in building up their positions in the industrial metal led by rise in physical demand from consuming industries, supported prices of zinc at futures trade.
At the MCX, zinc futures for November 2016 contract is trading at Rs 168.75 per kg, up by 0.36 per cent, after opening at Rs 168.35, against a previous close of Rs 168.15. It touched the intra-day high of Rs 169.20.
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