Business Standard

Don’t miss the latest developments in business and finance.

Zinc futures softens 0.88%, in line with global trend

Bs_logoImage
Press Trust of India New Delhi
Last Updated : Sep 29 2015 | 10:57 AM IST
Zinc futures traded 0.88 per cent lower at Rs 106.75 per kg today after speculators trimmed positions, tracking a weak global trend.
In futures trading at Multi Commodity Exchange, zinc for delivery in current month contracts declined 95 paise, or 0.88 per cent, to Rs 106.75 per kg. It clocked business turnover of 615 lots.
Similarly, the metal for delivery in October contracts softened by 85 paise, or 0.78 per cent, to Rs 108.30 per kg in 113 lots.
Analysts said the weakness in zinc in futures trade was mostly attributed to a falling trend in copper and other base metals at the London Metal Exchange.

More From This Section

First Published: Sep 29 2015 | 10:57 AM IST

Next Story