Zinc Futures Decline on Weak Demand
x
Zinc prices fell 0.6% to Rs 263.95 per kg in futures trade due to weak demand and reduced speculator exposure. Spot market cues also impacted prices.
New Delhi, Aug 1 (PTI) Zinc prices on Friday fell 0.6 per cent to Rs 263.95 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 August delivery traded lower Rs 1.60 or 0.6 per cent at Rs 263.95 per kg in 3,396 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.
On the Multi Commodity Exchange, zinc contracts for August delivery traded lower Rs 1.60 or 0.6 per cent at Rs 263.95 per kg in 3,396 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.
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone-Idea-L
- 11.25 (+ 4.85)
- 124593459
- Mangalam-Industrial
- 0.90 (+ 4.65)
- 43018654
- Welcure-Drugs-and
- 0.50 (+ 4.17)
- 39983710
- Alstone-Textiles
- 0.29 ( -3.33)
- 27516634
- Murae-Organisor
- 0.27 (+ 3.85)
- 26520405
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback