Zinc futures rise on spot demand

Zinc prices rose by 70 paise to Rs 215.70 per kg in futures trade on Monday tracking a firm trend in physical markets on the back of a pick-up in spot demand.

On the Multi Commodity Exchange, zinc contracts for February delivery traded higher by 70 paise, or 0.33 per cent, at Rs 215.70 per kg with a business turnover of 1,855 lots.

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