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Zinc futures shed 1.02% on tepid demand

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Press Trust of India New Delhi
Last Updated : Apr 29 2019 | 1:20 PM IST

Zinc prices eased 1.02 per cent to Rs 224.15 per kg in futures trade Monday as speculators cut down positions, taking weak cues from the spot market.

On Multi Commodity Exchange, zinc for delivery in current month declined Rs 2.30, or 1.02 per cent, to Rs 224.15 per kg in a business turnover of 1,128 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: Apr 29 2019 | 1:20 PM IST

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