Monday, November 28, 2016

Base Metal: Zinc rises on strong demand bets

In the domestic market Zinc futures rose during evening trade on Friday as investors & speculators extended their positions in the industrial metal on bets that demand rose faster than supply amid a broad-based rally across the metals complex.

At the MCX, for Nov 2016 contract zinc futures is trading at Rs 188.60 per kg, up by 0.72 %, after opening at Rs 189.95, against a last close of Rs 187.25. It touched the intra-day higher of Rs 189.95.

Read More - Zinc Updates