Zinc Mini 30 Nov Fut

MCX Zinc is quoted in rupees per kilogram. A Zinc Mini contract is also available.

More than half of global zinc demand comes from galvanizing, which means coating steel to prevent rust. Zinc is also used in alloys, batteries and chemicals.

Galvanizing is zinc’s biggest use, so zinc demand rises and falls with steel consumption in construction, infrastructure and automobiles.

China is the world’s largest producer and consumer of zinc. Changes in its construction activity, smelter output or environmental curbs can significantly shift global zinc prices.

Mine supply, smelter output, exchange inventory levels and the USD-INR rate are key factors.

Like other base metals on MCX, zinc contracts are delivery-based. Most traders close their positions before the delivery period begins.