India, June 15 -- Zinc futures traded higher on Monday as increased buying interest and firm demand in the spot market supported prices.
On the Multi Commodity Exchange of India, zinc contracts for June delivery rose Rs 2.85, or 0.77 per cent, to Rs 371.65 per kg, with a trading volume of 2,525 lots.
Market participants attributed the gains to stronger demand in the physical market, which encouraged traders to increase their positions in zinc futures, resulting in a modest uptick in prices during the session.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....