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Muted demand drags down zinc futures by 0.31 pc

Press Trust of India  |  New Delhi 

prices drifted lower by 0.31 per cent to Rs 208.45 per kg in futures market today as participants pared holdings amid easing demand from consuming industries in the spot market.

At the Multi Commodity Exchange, for delivery in June fell by 65 paise, or 0.31 per cent to Rs 208.45 per kg in business turnover of 9 lots.

Likewise, the for delivery in May month contracts shed 60 paise, or 0.29 per cent to Rs 207.60 per kg in 522 lots.

Analysts said traders pared their holdings due to a fall in demand from consuming industries in the physical market.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 14 2018. 11:00 IST
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