 "Zinc down 0.3% on weak trend")
Zinc futures fell by 0.26% today as participants reduced exposures on a weak trend in base metals in the global market and subdued spot demand.
At the Multi Commodity Exchange, zinc for delivery in July traded lower by 35 paise, or 0.26%, to Rs 133.15 per kg, with a business turnover of 255 lots.
The metal for delivery in August fell by 25 paise, or 0.19%, to Rs 134 per kg in a turnover of eight lots.
Marketmen said the fall in zinc prices at futures trade was mostly in tandem with a weak trend in the entire base metals at the London Metal Exchange and sluggish demand at spot markets from consuming domestic industries.
At the Multi Commodity Exchange, zinc for delivery in July traded lower by 35 paise, or 0.26%, to Rs 133.15 per kg, with a business turnover of 255 lots.
The metal for delivery in August fell by 25 paise, or 0.19%, to Rs 134 per kg in a turnover of eight lots.
Marketmen said the fall in zinc prices at futures trade was mostly in tandem with a weak trend in the entire base metals at the London Metal Exchange and sluggish demand at spot markets from consuming domestic industries.