Business Standard

Zinc futures shed 0.54% on tepid demand

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Press Trust of India New Delhi

Zinc prices eased 0.54 per cent to Rs 202.95 per kg in futures trade Friday as speculators cut down positions, taking weak cues from the spot market.

On Multi Commodity Exchange, zinc for delivery in current month declined Rs 1.10, or 0.54 per cent, to Rs 202.95 per kg in a business turnover of 3,899 lots.

Marketmen said weakness in metals in the domestic spot market owing to slackened demand from consuming industries influenced prices.

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First Published: Jun 21 2019 | 1:55 PM IST

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