Base Metals: Nickel, aluminium drift lower in futures amid low demand

Zinc prices on Monday rose 0.03 per cent to Rs 183.15 per kg in futures market as traders built up fresh positions amid increase in spot demand.

On the Multi Commodity Exchange, zinc for delivery in December traded higher by 5 paise, or 0.03 per cent, to Rs 183.15 per kg in a business turnover of 3,410 lots.

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

Nickel futures on Monday declined by…

View entirety: Economic Times