Zinc Futures Fall on Weak Demand - PTI
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.
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
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