Zinc futures down on muted demand

Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc prices here.

BCCL
Zinc contracts for December delivery traded lower by Rs 3.30, or 0.14 per cent, at Rs 216.35 per kg in 2,843 lots.
ET Spotlight
Zinc prices fell 0.14 per cent to Rs 216.35 per kg in futures trade on Tuesday as speculators reduced their exposure taking negative cues from spot market.

On the Multi Commodity Exchange, zinc contracts for December delivery traded lower by Rs 3.30, or 0.14 per cent, at Rs 216.35 per kg in 2,843 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.

ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Text Size:AAA
Success
This article has been saved

*

+