Zinc prices drifted lower by 0.14 per cent to Rs 210.35 per kg in futures trading today as speculators cut their bets amid easing demand from industries in the spot market.
At the Multi Commodity Exchange, zinc for delivery in June shed 30 paise, or 0.14 per cent to Rs 210.35 per kg in business turnover of 337 lots.
Similarly, the metal for delivery in far-month July was trading lower by 15 paise, or 0.07 per cent to Rs 210.40 per kg in 2 lot.
Analysts said off-loading of positions by participants owing to muted demand from consuming industries in the physical market mainly weighed on zinc prices at futures trade.
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