Zinc Futures Fall on Weak Demand | Commodity News
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Zinc futures prices ease on MCX due to weak demand and reduced exposure by speculators. March contracts slip. Get the latest commodity market updates.
New Delhi, Feb 19 (PTI) Zinc prices on Thursday fell 90 paise to Rs 326.65 per kg in futures trade as speculators reduced their exposure, tracking negative cues from the spot market.
On the Multi Commodity Exchange, zinc contracts for March delivery slipped by 90 paise, or 0.27 per cent, to Rs 326.65 per kilogram in a business turnover of 103 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. PTI DR DR BAL
BAL
On the Multi Commodity Exchange, zinc contracts for March delivery slipped by 90 paise, or 0.27 per cent, to Rs 326.65 per kilogram in a business turnover of 103 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. PTI DR DR BAL
BAL
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