Zinc Futures Decline on Weak Demand - PTI
Dec 01, 2023 14:58
Zinc futures prices fell on Friday due to reduced speculative interest and weak demand from consuming industries. Learn more about the decline in zinc prices.
New Delhi, Dec 1 (PTI) Zinc prices on Friday fell by 0.07 per cent to Rs 222.75 per kilogram in the futures trade as speculators reduced their exposure, taking negative cues from the spot market.
On the Multi Commodity Exchange, zinc contracts for December delivery traded lower by 15 paise or 0.07 per cent at Rs 222.75 per kg in 3,980 lots.
Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc prices.
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