Zinc futures down on muted demand

Zinc prices on Monday fell 0.28 per cent to Rs 217.50 per kg in futures trade as speculators reduced their exposure taking negative cues from spot market.

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Published:8th Mar, 2021 at 2:56 PM

New Delhi

On the Multi Commodity Exchange, zinc contracts for March delivery traded lower by 60 paise, or 0.28 per cent, to Rs 217.50 per kg in 1,975 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.

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Zinc futures down on muted demand

Zinc prices on Monday fell 0.28 per cent to Rs 217.50 per kg in futures trade as speculators reduced their exposure taking negative cues from spot market.

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