 "Zinc down 0.3% on weak trend, subdued spot demand")
Zinc futures prices today fell marginally by 0.35% to Rs 126.45 per kg, largely in line with a weak trend in the global markets and subdued spot demand.
At the Multi Commodity Exchange, zinc for delivery in April fell by 45 paise, or 0.35%, to Rs 126.45 per kg, with a business turnover of 44 lots.
Likewise, the metal for delivery in March fell by 40 paise, or 0.32%, to trade at Rs 125.75 per kg, with a business turnover of 844 lots.
Marketmen said besides sluggish domestic demand, a weak trend in the entire base metals at the London Metal Exchange (LME) following weak Chinese economic data, which raised demand concern, put pressure on zinc futures prices here.
At the Multi Commodity Exchange, zinc for delivery in April fell by 45 paise, or 0.35%, to Rs 126.45 per kg, with a business turnover of 44 lots.
Likewise, the metal for delivery in March fell by 40 paise, or 0.32%, to trade at Rs 125.75 per kg, with a business turnover of 844 lots.
Marketmen said besides sluggish domestic demand, a weak trend in the entire base metals at the London Metal Exchange (LME) following weak Chinese economic data, which raised demand concern, put pressure on zinc futures prices here.