Zinc futures rise on high demand

New Delhi, Aug 8 (PTI) Zinc prices on Thursday rose Rs 1.05 to Rs 245.95 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 1.05 or 0.43 per cent at Rs 245.95 per kg with a business turnover of 2,079 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.