 "Zinc down 0.4% on weak Asian cues")
Tracking a weak trend in base metals in the Asian region and subdued spot demand, zinc futures prices today fell by 0.44% as participants reduced exposures.
At the Multi Commodity Exchange (MCX), the May contract traded lower by 45 paise, or 0.44%, to Rs 101.55 per kg in 497 lots.
The June contract fell by similar margin to Rs 102.70 per kg in 51 lots.
Marketmen said the fall in zinc prices at futures trade was mostly in tandem with a weak trend in copper and other base metals at the Shanghai Futures Exchange (SFEX).
At the Multi Commodity Exchange (MCX), the May contract traded lower by 45 paise, or 0.44%, to Rs 101.55 per kg in 497 lots.
The June contract fell by similar margin to Rs 102.70 per kg in 51 lots.
Marketmen said the fall in zinc prices at futures trade was mostly in tandem with a weak trend in copper and other base metals at the Shanghai Futures Exchange (SFEX).
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