Zinc prices on Thursday fell ₹4.25 to ₹311.60 per kg in futures trade as speculators reduced their exposure, tracking negative cues from the spot market.
Zinc Futures Ease on Weak Demand
On the Multi Commodity Exchange, zinc contracts for April delivery slipped by ₹4.25, or 1.35%, to ₹311.60 per kilogram in a business turnover of 203 lots
Zinc Futures Ease on Weak Demand Heinrich Pniok
Advertisement
On the Multi Commodity Exchange, zinc contracts for April delivery slipped by ₹4.25, or 1.35%, to ₹311.60 per kilogram in a business turnover of 203 lots.
Analysts said the trimming of positions by participants, owing to slackened demand from consuming industries in the physical market, mainly weighed on zinc prices.