Zinc futures rise on high demand

New Delhi, Aug 12 (PTI) Zinc prices on Monday rose Rs 3.65 to Rs 261.35 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 3.65 or 1.42 per cent at Rs 261.35 per kg with a business turnover of 2,302 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.