Don’t miss the latest developments in business and finance.

Zinc futures trade in negative zone on profit-taking

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:18 AM IST

Among profit-booking by speculators and weakness in other base metals, zinc futures traded 0.61 per cent down at Rs 98.10 per kg today.

At the Multi Commodity Exchange counter, zinc for September lost 60 paise, or 0.61 per cent, to Rs 98.10 per kg, with a business turnover of 570 lots.

The metal for delivery in October also slipped by 55 paise, or 0.55 per cent, to Rs 99.30 per kg, with a turnover of 37 lots.

Analysts said profit booking by speculators and weak trend in others base metals, led to a fall in zinc futures prices.

Also Read

First Published: Sep 21 2010 | 2:28 PM IST

Next Story