Zinc futures rise on spot demand

New Delhi, Jul 31 (PTI) Zinc prices climbed Rs 1.50 to Rs 222.75 per kilogram in the futures trade amid a pick-up in spot demand on Monday.

On the Multi Commodity Exchange, zinc contracts for August delivery traded higher by Rs 1.50 or 0.68 per cent at Rs 222.75 per kg with a business turnover of 3,970 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.