 "Zinc falls by 0.1%, in line with global trend")
Zinc futures traded 0.12% lower at Rs 125.60 per kg today after speculators trimmed positions, tracking a weak global trend.
In futures trading at Multi Commodity Exchange, zinc for delivery in April declined 15 paise, or 0.12%, to Rs 125.60 per kg. It clocked a business turnover of 1,927 lots.
On similar lines, the metal for delivery in May softened by five paise, or 0.04%, to Rs 126.15 per kg in 260 lots.
Market analysts said weakness in zinc futures trade was mostly due to a falling trend in base metals pack on fears that global supply will outpace demand.
In futures trading at Multi Commodity Exchange, zinc for delivery in April declined 15 paise, or 0.12%, to Rs 125.60 per kg. It clocked a business turnover of 1,927 lots.
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On similar lines, the metal for delivery in May softened by five paise, or 0.04%, to Rs 126.15 per kg in 260 lots.
Market analysts said weakness in zinc futures trade was mostly due to a falling trend in base metals pack on fears that global supply will outpace demand.