New Document top_band
 
Business Standard

Zinc futures down on weak global trend, subdued demand

Weakness on LME in early Asain trade also dragged prices

Read more on:    Zinc | Futures | Mcx | London Metal Exchange
Related News

In range-bound movements, prices today fell by 0.23% after speculators reduced their positions, taking weak cues from overseas markets.

At the , zinc for delivery in June traded lower by 25 paise, or 0.23%, to Rs 108.40 per kg in business turnover of 3 lots.

The May contract was lower by 15 paise, or 0.14%, at Rs 107.85 per kg in 259 lots.

Market analysts said besides slackness in demand from consuming industries at domestic spot markets, weakness in most of base metals at the , also put pressure on the zinc futures prices here.

The three-month contract on LME shed 0.5% to $2,043 a tonne in early trade today.

Read more on:   
|
|
|

Read More

Lead down on subdued demand, weak overseas cues

Lead prices traded marginally lower by 0.14% to Rs 108.45 per kg in futures trade today owing to subdued demand in the spot market.

Quick Links

 

Market News

Today's picks

Nifty, YES Bank, Tech Mahindra, Idea Cellular & Hndalco

FII investment via P-Notes rises to 6-yr high of $37 billion in June

Total value of P-Note investments in Indian markets rose to Rs 2,24,248 crore at the end of June

Sensex ends above 26,000 led by telecom shares

Sensex ended above 26,000 led by telecom shares amid TRAI's spectrum sharing norms

Ceat skids post June quarter results

The stock dipped 9% to Rs 603, falling nearly 12% from intra-day high on National Stock Exchange.

Markets extend gains in late trades; Sensex tops 26,000

Markets firmed up in late trades and the Sensex topped 26,000 led by telecom shares and RIL

Back to Top