Zinc futures rise on high demand

New Delhi, Dec 23 (PTI) Zinc prices on Monday rose Rs 1.80 to Rs 280.45 per kilogram in the futures trade amid a pick-up in spot demand.

On the Multi Commodity Exchange, zinc contracts for January delivery traded higher by Rs 1.80 or 0.65 per cent at Rs 280.45 per kg with a business turnover of 1,818 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.

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