Zinc Futures Down on Muted Demand - PTI

By By Rediff Money Desk, NEWDELHI
Dec 13, 2023 14:50
Zinc prices fell on Wednesday due to reduced speculator exposure and weak demand from consuming industries, according to PTI.
New Delhi, Dec 13 (PTI) Zinc prices on Wednesday fell by 0.46 per cent to Rs 217.25 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 Re 1 or 0.46 per cent at Rs 217.25 per kg in 3,851 lots.

Analysts said trimming of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc prices.
Read More On:
zinc futureszinc pricescommodity tradingmulti commodity exchangedemand
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Gold Futures...
Gold Futures Surge, Breach Rs 96,000 Mark

Gold futures surged on Monday, breaching the Rs 96,000 mark driven by global demand and...

Samsung AI...
Samsung AI Appliances: Local Languages &...

Samsung is introducing local languages and India-specific features to its AI-powered...

Crude Oil Futures...
Crude Oil Futures Decline on Weak Global Demand...

Crude oil futures in India eased on Monday, tracking weak global demand. WTI crude oil...

Gold Prices Surge...
Gold Prices Surge to Record High: Breaks Rs...

Gold prices surged by Rs 1,493 to hit a new record high of Rs 96,000 per 10 grams,...

Gensol Engineering Shares Plunge 5%, Hit Lower...

Gensol Engineering shares crashed 5% on Monday, hitting another lower circuit limit....

Infosys Shares...
Infosys Shares Surge 3% After Strong Q4 Earnings

Infosys shares rallied 3% on Monday after the IT giant reported a 3.3% sequential...

ICICI Bank Shares...
ICICI Bank Shares Hit 52-Week High on Earnings

ICICI Bank shares surged over 2% on Monday, reaching a 52-week high after the lender...

HDFC Bank Shares Surge 2% After Q4 Earnings

HDFC Bank shares climbed over 2% on Monday, hitting a one-year high after reporting a...

Inox Wind Completes 990MW Turnkey Project for...

Inox Wind has successfully executed a 990 MW turnkey wind energy project for Purvah...

Rupee Rises 33 Paise to 85.05 Against US Dollar

The Indian rupee appreciated 33 paise to 85.05 against the US dollar in early trade on...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com