Zinc futures up on global cues; spot demand
At the Multi Commodity Exchange, zinc for delivery in January edged up by 45 paise, or 0.40 per cent, to Rs 113.55 per kg, with a business turnover of 75 lots.
Likewise, the metal for delivery in December traded higher by 40 paise to Rs 112.90 per kg, with a business turnover of 1,242 lots.
Marketmen said apart from improved demand in the spot market, a firming trend in copper and other base metals overseas on the back of encouraging economic data from China, the largest consumer of metal, mainly led to rise in zinc futures.
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