 "Zinc down 0.2% on subdued spot demand")
Zinc prices drifted by 0.17% to Rs 142.55 per kg in futures trade today as speculators trimmed positions after demand eased in spot markets.
However, a better trend in base metals in global markets, restricted losses.
At the Multi Commodity Exchange, zinc for delivery in October shed 35 paise, or 0.17%, to Rs 142.55 per kg in a business turnover of 336 lots.
Analysts attributed the fall of zinc futures to sluggish demand in the spot markets but firmness in copper and other base metals overseas, cushioned the fall.
However, a better trend in base metals in global markets, restricted losses.
At the Multi Commodity Exchange, zinc for delivery in October shed 35 paise, or 0.17%, to Rs 142.55 per kg in a business turnover of 336 lots.
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Similarly, the metal for delivery in November edged lower by 20 paise, or 0.14%, to Rs 143.35 per kg in nine lots.
Analysts attributed the fall of zinc futures to sluggish demand in the spot markets but firmness in copper and other base metals overseas, cushioned the fall.