Zinc futures rise on high demand

New Delhi, Aug 20 (PTI) Zinc prices on Tuesday rose 20 paise to Rs 261.30 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 20 paise or 0.08 per cent at Rs 261.30 per kg with a business turnover of 840 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.