 "Zinc down 0.4% on global cues")
Zinc prices fell by 0.39% to 140.50 per kg in futures trade today after speculators trimmed positions, tracking a weak global trend.
At the Multi Commodity Exchange, zinc for delivery in current month, August declined by 55 paise, or 0.39%, to Rs 140.50 per kg in business turnover of 467 lots.
Likewise, the metal for delivery in the September contracts softened by 50 paise, or 0.35%, to Rs 141.15 per kg in 8 lots.
Analysts said the weakness in zinc at futures trade was mostly attributed to a weak trend in copper and other base metals in the global markets before July industrial production and retail sales data tomorrow from China, the world's biggest consumer of industrial metals.
At the Multi Commodity Exchange, zinc for delivery in current month, August declined by 55 paise, or 0.39%, to Rs 140.50 per kg in business turnover of 467 lots.
Likewise, the metal for delivery in the September contracts softened by 50 paise, or 0.35%, to Rs 141.15 per kg in 8 lots.
Analysts said the weakness in zinc at futures trade was mostly attributed to a weak trend in copper and other base metals in the global markets before July industrial production and retail sales data tomorrow from China, the world's biggest consumer of industrial metals.