Zinc down 1% on global cues
Prices went down as participants reduced positions
Press Trust of India New Delhi
Zinc futures for February traded lower by Rs 1.20, or 1.07%, to Rs 111.40 per kg in 8,971 lots.
At the Multi Commodity Exchange (MCX), the March contract fell by a similar margin to trade at Rs 112.25 per kg in 905 lots.
Prices went down as participants reduced positions in line with weakening overseas trend and subdued domestic spot demand.