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Zinc futures marginally lower on soft demand

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Press Trust of India New Delhi
Last Updated : Jan 24 2020 | 1:10 PM IST

Zinc prices on Friday fell by 40 paise to Rs 184.65 per kg in futures trade as speculators cut bets amid easing demand in spot market.

On the Multi Commodity Exchange, zinc contracts for May delivery moved down by 40 paise, or 0.22 per cent, to Rs 184.65 per kg in a business turnover of 8 lots.

Analysts said offloading of positions by traders owing to slackened demand from consuming industries in physical market mainly weighed on zinc prices in futures trade here.

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First Published: Jan 24 2020 | 1:10 PM IST

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