Zinc Futures Fall on Weak Demand - PTI

By By Rediff Money Desk, New Delhi
Sep 20, 2024 14:25
Zinc futures on the Multi Commodity Exchange (MCX) fell 0.65% on Friday, driven by muted demand from consuming industries and speculation reduction.
New Delhi, Sep 20 (PTI) Zinc prices on Friday fell 0.65 per cent to Rs 267.65 per kilogram in the futures trade as speculators reduced their exposure, tracking negative cues from the spot market.

On the Multi Commodity Exchange, zinc contracts for September delivery traded Rs 1.75 or 0.65 per cent lower at Rs 267.65 per kg in 1,352 lots.

Analysts said trimming of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc prices.
Source: PTI
Read More On:
zincfuturespricesdemandmcx
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

CII's 7-Point...
CII's 7-Point Agenda for Job Creation in India

CII suggests a seven-point agenda for employment generation in India's upcoming budget,...

Anarock Doubles...
Anarock Doubles Office Leasing Team Amid Rising...

Anarock, a real estate consultant, is doubling its office leasing team to 100...

India FDI Surges:...
India FDI Surges: Goyal Highlights Growth...

India's FDI is booming, driven by investors from the Middle East, Japan, EU &&...

CCI to Boost...
CCI to Boost Enforcement, Leverage Tech for...

CCI Chairperson Ravneet Kaur outlines plans to strengthen enforcement, enhance...

TRAI to Pilot...
TRAI to Pilot Digital Consent System for Spam...

TRAI is launching a pilot program to digitize past user consents for commercial...

Caliber Mining...
Caliber Mining IPO: Rs 600 Crore Coal Mining &...

Caliber Mining and Logistics, a Nagpur-based coal mining and logistics provider, files...

Neelkanth...
Neelkanth Realtors IPO: Sebi Filing, Details...

Neelkanth Realtors, a Mumbai-based real estate developer, files draft papers with Sebi...

India Launches New PLI Scheme for Steel Sector

India's government will launch a new round of the PLI scheme for the steel sector,...

Lower GST on Cement to Boost Demand: JK Lakshmi

JK Lakshmi Cement urges government to reduce GST on cement to 18% and implement...

ICAR Member Urges Modi to Appoint New Director...

An ICAR member calls for a new director general with global expertise to revitalize the...

Read More »

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