 "Zinc down by 0.4% on global cues")
Tracking a weakening trend overseas and subdued domestic demand, zinc futures prices today fell by 0.42% to Rs 130.45 per kg as participants reduced their positions.
At the Multi Commodity Exchange, zinc for delivery in April traded lower by 55 paise, or 0.42%, to Rs 130.45 per kg, with a business turnover of 45 lots.
The metal for delivery in March fell by 45 paise, or 0.35%, to trade at Rs 129.90 per kg in a turnover of 474 lots.
Marketmen attributed fall in zinc prices at futures trade was mostly in tune with a weak trend overseas where copper and other base metals declined and subdued demand at domestic spot markets.
At the Multi Commodity Exchange, zinc for delivery in April traded lower by 55 paise, or 0.42%, to Rs 130.45 per kg, with a business turnover of 45 lots.
The metal for delivery in March fell by 45 paise, or 0.35%, to trade at Rs 129.90 per kg in a turnover of 474 lots.
Marketmen attributed fall in zinc prices at futures trade was mostly in tune with a weak trend overseas where copper and other base metals declined and subdued demand at domestic spot markets.