Zinc futures rise on spot demand

New Delhi, Sep 1 (PTI) Zinc prices on Friday increased by Rs 2.75 to Rs 220.20 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 by Rs 2.75 or 1.26 per cent at Rs 220.20 per kg with a business turnover of 4,141 lots.

Marketmen said widening of positions by participants, following a pick-up in demand from consuming industries kept zinc prices higher in the futures trade.