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Last Updated : Aug 03, 2020 03:27 PM IST | Source: PTI

Zinc futures down on muted demand

On the Multi Commodity Exchange, zinc for August delivery was trading lower by Rs 1.20, or 0.65 percent, at Rs 182.80 per kg in 2,443 lots.

PTI

Zinc prices fell 0.65 percent to Rs 182.80 per kg in futures trade on Monday as speculators reduced their exposure, taking negative cues from spot market.

On the Multi Commodity Exchange, zinc for August delivery was trading lower by Rs 1.20, or 0.65 percent, at Rs 182.80 per kg in 2,443 lots.

Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc prices here.
First Published on Aug 3, 2020 03:20 pm
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