Zinc prices fell by 0.08 per cent to Rs 184.35 per kg in futures trade Wednesday as speculators cut down their bets, taking negative cues from the spot market on muted demand.
At the Multi Commodity Exchange, zinc for October declined by 15 paise, or 0.08 per cent, to Rs 184.35 per kg in business turnover of 58 lots.
Likewise, the metal for September shed 5 paise, or 0.03 per cent, to Rs 183.35 per kg in 74 lots.
Analysts said offloading of positions by participants following a weak trend at the spot market on low demand from consuming industries exerted pressure on zinc prices at futures trade.
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