India, June 3 -- Zinc futures traded marginally higher on Wednesday, supported by increased buying interest from market participants amid firm demand in the spot market.
On the Multi Commodity Exchange (MCX), zinc contracts for June delivery gained Rs 1.05, or 0.28%, to Rs 374.65 per kilogram, with a business turnover of 2,894 lots.
Traders attributed the rise in zinc prices to improved demand from consuming industries and positive sentiment in the physical market, which encouraged fresh positions in the futures segment.
The steady demand outlook helped support zinc prices despite broader market volatility.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....