Zinc futures rise on high demand

New Delhi, Aug 23 (PTI) Zinc prices on Friday rose Rs 2.30 to Rs 267.65 per kilogram in the futures trade amid a pick up in spot demand.

On the Multi Commodity Exchange, zinc contracts for September delivery traded higher Rs 2.30 or 0.87 per cent at Rs 267.65 per kg with a business turnover of 1,980 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.