Commodity Watch: Zinc futures advance on increased turnover

New Delhi: Zinc prices rose Rs 1.40 to Rs 327.50 per kg in futures trade as traders stayed on the sidelines amid a lack of fresh triggers. Zinc contracts for March delivery edged up 0.43 per cent in 3,613 lots. Traders attributed the slight rise in zinc futures to limited buying at lower levels, even as a lack of fresh triggers kept overall sentiment cautious.

Copper futures gain on higher demand

Copper futures rose by Rs 2.35 to Rs 1,198.40 per kg on Monday due to higher spot demand. Copper contracts for March delivery grew 0.2 per cent in 12,014 lots. Analysts attributed the rise in copper prices to higher bets by participants.

Aluminium futures rise on fresh bets

Aluminium prices rose 0.39 per cent to Rs 312.50 per kg in futures trade as speculators built up fresh positions amid a positive trend in the spot market. Aluminium for delivery in March increased Rs 1.20, in 3,057 lots.