Zinc futures up 0.69% on overseas trend, spot demand

NEW DELHI, June 23:  Supported by a firming trend overseas and pick up in domestic demand, zinc futures prices today edged up by 0.69 per cent as participants built up positions.
At Multi Commodity Exchange, zinc for delivery in July gained 90 paise, or 0.69 per cent, to Rs 130.55 per kg with a business turnover of 37 lots.
The metal for delivery in June month contracts rose 85 paise, or 0.66 per cent, to Rs 130.55 per kg in a business turnover of 622 lots.
Traders said fresh positions created by speculators on the back of improved demand in the spot market and gains in base metals in global market, helped zinc futures to trade higher. (PTI)

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