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

Heinrich Pniok
Zinc Futures Ease on Weak Demand Photo: Heinrich Pniok
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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.

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.

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