Zinc futures rise on high demand

New Delhi, Sep 12 (PTI) Zinc prices on Thursday rose Rs 3.15 to Rs 263.30 per kilogram in the futures trade amid a pick up in spot demand.

On the Multi Commodity Exchange, zinc contracts for October delivery traded higher Rs 3.15 or 1.21 per cent at Rs 263.30 per kg with a business turnover of 634 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.