Zinc futures gain on spot demand

New Delhi, Feb 5 () Zinc prices on Wednesday edged higher 0.49 per cent to Rs 174.15 per kg in futures market as traders built up fresh positions.

On the Multi Commodity Exchange, zinc for delivery in May traded higher by 85 paise, or 0.49 per cent, to Rs 174.15 per kg in a business turnover of 2 lots.

Market analysts said fresh positions created by participants on the back of rise in demand from consuming industries mainly attributed to gain in zinc prices. VHP SHWSHW

(This story has not been edited by Business Insider and is auto-generated from a syndicated feed we subscribe to.)

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