 "Zinc falls by 0.2% on subdued demand")
Zinc futures prices today fell 0.19% as speculators reduced positions amid sluggish domestic demand and a weak global trend.
At the Multi Commodity Exchange, zinc prices for delivery in June eased by 25 paise, or 0.19%, to Rs 129.75 per kg in a business turnover of 410 lots.
Likewise, the metal prices for delivery in July shed 10 paise, or 0.08%, to Rs 130.70 per kg in 10 lots.
According to marketmen, the fall in zinc prices was due to sluggish domestic demand at the spot market amid a weak trend in metals at the London Metal Exchange ahead of data projected to signal continued weakness in manufacturing in China, the world's biggest metals consumer.
At the Multi Commodity Exchange, zinc prices for delivery in June eased by 25 paise, or 0.19%, to Rs 129.75 per kg in a business turnover of 410 lots.
Likewise, the metal prices for delivery in July shed 10 paise, or 0.08%, to Rs 130.70 per kg in 10 lots.
According to marketmen, the fall in zinc prices was due to sluggish domestic demand at the spot market amid a weak trend in metals at the London Metal Exchange ahead of data projected to signal continued weakness in manufacturing in China, the world's biggest metals consumer.