Zinc futures rise on high demand

New Delhi, Jul 11 (PTI) Zinc prices on Thursday rose Rs 1.75 to Rs 275.35 per kilogram in the futures trade amid a pick up in spot demand.

On the Multi Commodity Exchange, zinc contracts for July delivery traded higher Rs 1.75 or 0.64 per cent at Rs 275.35 per kg with a business turnover of 2,625 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.