Zinc Futures Fall on Weak Demand
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Zinc futures decline 0.2% to Rs 300.10/kg on MCX due to weak demand and reduced exposure by speculators. Learn more.
New Delhi, Nov 11 (PTI) Zinc prices on Tuesday fell 0.2 per cent to Rs 300.10 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 December delivery traded lower by 60 paise, or 0.2 per cent, at Rs 300.10 per kg in 670 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 December delivery traded lower by 60 paise, or 0.2 per cent, at Rs 300.10 per kg in 670 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.
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