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Zinc down 0.5% on global cues

Zinc for delivery in July declined by 55 paise.

Press Trust of India New Delhi
Last Updated : Jun 05 2013 | 1:11 PM IST
Zinc prices down by 0.50% to 110.10 per kg in futures trade today as speculators trimmed positions, tracking a weak global trend.
    
At the Multi Commodity Exchange, zinc for delivery in July declined by 55 paise, or 0.50%, to Rs 110.10 per kg in business turnover of 19 lots.
    
Likewise, zinc for delivery in the June shed 50 paise, or 0.46%, to Rs 109.10 per kg in 813 lots.
    
Analysts said the weakness in zinc at futures trade was mostly attributed to a subdued global trend in base metals on signs growth is slowing in China, the world's biggest consumer.

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First Published: Jun 05 2013 | 1:08 PM IST

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