 "Zinc decline 0.6% on subdued demand")
Zinc prices declined by 0.61% to Rs 137.60 per kg in futures trade today amid subdued demand in the spot markets due to sluggish demand.
Further, a weak global trend put pressure on metal prices.
At the Multi Commodity Exchange, zinc for delivery in January next year fell by 85 paise, or 0.61%, to Rs 137.60 per kg in a business turnover of eight lots.
Analysts said besides sluggish demand in the spot market, a weak trend in other base metals in global markets influenced zinc prices at futures trade.
Further, a weak global trend put pressure on metal prices.
At the Multi Commodity Exchange, zinc for delivery in January next year fell by 85 paise, or 0.61%, to Rs 137.60 per kg in a business turnover of eight lots.
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Similarly, the metal for delivery in December traded lower by 75 paise, or 0.54%, to Rs 137.10 per kg in 511 lots.
Analysts said besides sluggish demand in the spot market, a weak trend in other base metals in global markets influenced zinc prices at futures trade.