Business Standard

Zinc futures fall 0.35 pc on low spot demand

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Press Trust of India New Delhi

Zinc prices were lower by 0.35 per cent at Rs 184.25 per kg in futures trade Tuesday after speculators cut down positions, tracking a weak trend at the domestic spot markets owing to low demand.

In futures trading at the Multi Commodity Exchange, zinc for delivery in December eased by 35 paise, or 0.19 per cent, to Rs 184.25 per kg in 291 lots.

Analysts said apart from muted demand from consuming industries at the spot markets, profit-booking by participants too weighed on zinc futures.

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First Published: Dec 18 2018 | 12:05 PM IST

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