Commodity Watch: Zinc futures advance on higher demand

New Delhi: Zinc prices rose 75 paise to Rs 299 per kilogram in futures trade amid a pick-up in spot demand. On the Multi Commodity Exchange, zinc contracts for December delivery traded 0.25 per cent higher in a business turnover of 2,216 lots. Marketmen said the widening of positions by participants, kept zinc prices higher in the futures trade.

Aluminium futures fall on low demand

Aluminium prices slipped 10 paise to Rs 268.65 per kilogram in futures trade, as participants trimmed their positions on a weak trend in the spot market. Aluminium contracts for December delivery fell 0.04 per cent in a business turnover of 2,280 lots.

Copper futures slip on weak trend

Copper futures fell Rs 2.80 to Rs 1,009 per kilogram as participants reduced their positions amid muted demand in the domestic market. Copper futures for the December contract eased 0.28 per cent in a turnover of 7,093 lots.