Zinc Futures Fall on Weak Demand - PTI

By By Rediff Money Desk, New Delhi
Jan 16, 2025 13:36
Zinc futures prices declined on Thursday due to reduced speculation and weak demand from consuming industries. Read more about the latest zinc market trends on PTI.
New Delhi, Jan 16 (PTI) Zinc prices on Thursday fell marginally to Rs 273.10 per kilogram in futures trade as speculators reduced their exposure, tracking negative cues from the spot market.

On the Multi Commodity Exchange, zinc contracts for February delivery declined marginally 5 paise or 0.02 per cent to Rs 273.10 per kg in 1,138 lots.

Analysts said the 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:
demandcommodity pricesmetal priceszinc priceszinc futures
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

Kolkata Port...
Kolkata Port Leases Land for Eco-Wellness Hub

Syama Prasad Mookerjee Port, Kolkata, will lease 5 acres at Nature Park for an...

HFCL Targets Rs...
HFCL Targets Rs 10,000 Cr Revenue, Eyes...

HFCL, a domestic telecom gear maker, is aiming for Rs 10,000 crore revenue by...

Godrej...
Godrej Properties: Rs 23,450 cr Projects, Land...

Godrej Properties acquired 12 land parcels for Rs 23,450 crore worth projects in...

Reliance, BP Win...
Reliance, BP Win Gas Migration Dispute: Court...

The Delhi High Court has overturned an arbitration award that held Reliance and BP...

Over 29,500...
Over 29,500 Drones Registered in India: DGCA Data

India has over 29,500 registered drones, with Delhi leading the count at 4,882. Tamil...

Jaipur Housing...
Jaipur Housing Sales Rise 5% in 2024: PropEquity

Housing sales in Jaipur increased by 5% in 2024, reaching 10,695 units. The value of...

India-US TRUST & IMEC: Boosting Economic &...

India and the US have agreed on the TRUST and IMEC frameworks to strengthen economic...

Japan Invests in India: 'China Plus One' Strategy

Japanese companies are shifting their focus to India as part of the 'China Plus One'...

Extend Renewable Energy Transmission Waiver to...

Power producers urge India to extend the waiver on interstate transmission charges for...

India Aims for $2.5 Billion Castor Oil Exports...

India's castor oil exports are on the rise, and sustainable farming practices are...

Read More »

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