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Zinc futures shed 0.61 pc on tepid demand

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Press Trust of India New Delhi
Last Updated : May 02 2019 | 1:45 PM IST

Zinc prices eased 0.61 per cent to Rs 219.15 per kg in futures trade Thursday as speculators cut positions, taking weak cues from the spot market on muted demand from consuming industries.

On the Multi Commodity Exchange, zinc for delivery in the current month declined 60 paise, or 0.61 per cent, to Rs 219.15 per kg in a business turnover of 8,920 lots.

Marketmen said weakness in metals in the domestic spot market, owing to slackened demand from consuming industries, influenced prices.

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First Published: May 02 2019 | 1:45 PM IST

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