Zinc futures rise on high demand

New Delhi, Aug 9 (PTI) Zinc prices on Friday rose Rs 3.30 to Rs 254.70 per kilogram in the futures trade amid a pick up in spot demand.

On the Multi Commodity Exchange, zinc contracts for August delivery traded higher Rs 3.30 or 1.31 per cent at Rs 254.70 per kg with a business turnover of 2,013 lots.

Marketmen said the widening of positions by participants, following a pick-up in demand from consuming industries kept zinc prices higher in the futures trade. PTI SGC DR