Zinc down 0.2% on subdued demand
Weak spot market trends due to subdued demand affected the trade
Press Trust of India New Delhi
Zinc futures for February traded lower by 25 paise, or 0.21%, to Rs 117.05 per kg in 686 lots.
At the Multi Commodity Exchange (MCX), the March contract fell by a similar margin to trade at Rs 117.90 per kg in 82 lots.
Prices dropped as participants reduced positions, triggered by a subdued spot market demand.
Weak spot market trends due to subdued demand affected the trade.
BUt the metal's strength at the London Metal Exchange (LME) limited the fall.