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Zinc futures down 0.26% on weak overseas trend

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Press Trust of India New Delhi
Last Updated : Jul 07 2014 | 11:22 AM IST
Zinc futures fell by 0.26 per cent today as participants reduced exposures on a weak trend in base metals in the global market and subdued spot demand.
At the Multi Commodity Exchange, zinc for delivery in July traded lower by 35 paise, or 0.26 per cent, to Rs 133.15 per kg, with a business turnover of 255 lots.
The metal for delivery in August fell by 25 paise, or 0.19 per cent, to Rs 134 per kg in a turnover of eight lots.
Marketmen said the fall in zinc prices at futures trade was mostly in tandem with a weak trend in the entire base metals at the London Metal Exchange and sluggish demand at spot markets from consuming domestic industries.

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First Published: Jul 07 2014 | 11:22 AM IST

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