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Last Updated : Jul 24, 2020 03:25 PM IST | Source: PTI

Zinc futures down on muted demand

On the Multi Commodity Exchange, zinc for delivery in July was trading lower by Rs 2.30, or 1.3 percent, at Rs 174.10 per kg in 1,302 lots.

PTI

Zinc prices on Friday fell by 1.3 percent to Rs 174.10 per kg in the 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 Rs 2.30, or 1.3 percent, at Rs 174.10 per kg in 1,302 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.
First Published on Jul 24, 2020 03:15 pm
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