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Zinc down 0.2% on profit-booking

Metal's gain at the London Metal Exchange, limited the fall.

Press Trust of India New Delhi
Amid profit-booking by speculators and sluggish subdued demand, zinc futures prices today edged lower by 0.23% to Rs 109.80 per kg.
     
However, metal's gain at the London Metal Exchange, limited the fall.
    
At the Multi Commodity Exchange, zinc for delivery in July shed 25 paise, or 0.23%, to Rs 109.80 per kg, with a business turnover of 55 lots.
    
Zinc for delivery in June shed 20 paise, or 0.18%, to Rs 108.75 per kg, with a business turnover of 1,455 lots.
    
Marketmen said besides subdued trend in the spot market, profit-booking by speculators mainly put presure on zine futures trade.

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First Published: Jun 07 2013 | 12:10 PM IST

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