Zinc futures rise on high demand

New Delhi, Aug 19 (PTI) Zinc prices on Monday rose Rs 2.70 to Rs 261.60 per kilogram in the futures trade amid a pick up in spot demand.

On the Multi Commodity Exchange, zinc contracts for September delivery traded higher Rs 2.70 or 1.04 per cent at Rs 261.60 per kg with a business turnover of 738 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 SHW