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Zinc futures down on muted demand

On the Multi Commodity Exchange, zinc for delivery in July was trading lower by 35 paise, or 0.21 per cent, at Rs 164.20 per kg in 1,981 lots.

June 29, 2020 / 03:41 PM IST

Zinc prices on Monday fell 0.21 per cent to Rs 164.20 per kg in futures trade as speculators reduced their exposure taking negative cues from the spot market.

On the Multi Commodity Exchange, zinc for delivery in July was trading lower by 35 paise, or 0.21 per cent, at Rs 164.20 per kg in 1,981 lots.

Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc futures prices here.
PTI
first published: Jun 29, 2020 03:39 pm
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