Zinc futures rise on high demand

New Delhi, Dec 31 (PTI) Zinc prices on Tuesday rose 80 paise to Rs 282.95 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 80 paise or 0.28 per cent at Rs 282.95 per kg with a business turnover of 2,951 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.