Zinc futures rise on high demand

New Delhi, Dec 30 (PTI) Zinc prices on Monday rose Rs 1.95 to Rs 284.80 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 1.95 or 0.69 per cent at Rs 284.80 per kg with a business turnover of 3,036 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.