Zinc Futures Fall on Muted Demand - PTI

By By Rediff Money Desk, NEWDELHI
Apr 15, 2024 14:55
Zinc prices fell 0.3% on Monday due to reduced speculator exposure and weak demand from consuming industries, according to PTI.
New Delhi, Apr 15 (PTI) Zinc prices on Monday fell 0.3 per cent to Rs 245.45 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 April delivery traded lower 75 paise or 0.3 per cent at Rs 245.45 per kg in 3,114 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

Capital Edge Invests $1 Billion in NexGen...

Capital Edge of Kuwait will invest $1 billion in NexGen Energia, India's leading CBG...

WEY Technology Expands India Footprint with New...

WEY Technology opens its second India Experience Centre in New Delhi, showcasing its...

EPFO Adds 16.10...
EPFO Adds 16.10 Lakh Net Members in February 2025

EPFO adds 16.10 lakh net members in February 2025, marking a 3.99% increase...

Areca & Coconut Prices Today - Mangaluru Market

Get the latest areca and coconut prices in Mangaluru. Find out the current rates for...

IGI Posts 11.6%...
IGI Posts 11.6% Profit Growth in Q1 2025

International Gemmological Institute (IGI) reported an 11.60% increase in net profit to...

Competition...
Competition Commission's Role in Digital...

The Parliamentary Standing Committee on Finance will discuss the Competition...

Klaus Schwab...
Klaus Schwab Steps Down from WEF Board

Klaus Schwab, founder of the World Economic Forum, has stepped down as Chairman and...

Commodities...
Commodities Prices in Bengaluru Today

Get the latest commodities prices in Bengaluru, including rice, spices, lentils,...

GST Officers Detect 25,009 Fake Firms, Rs...

Central and state GST officers have detected 25,009 fake firms involved in fraudulently...

Ola's Krutrim Denies USD 300 Million Fundraise...

Ola's AI arm Krutrim has denied reports of raising USD 300 million, stating it's...

Read More »

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