Zinc sheds 0.08% on profit-booking
Firm trend in base metals pack including copper at LME limits downside
 "Zinc sheds 0.08% on profit-booking")
Zinc futures prices today fell 0.08 per cent to Rs 127.60 per kg, amid profit-booking by participants.
However, a firm trend in the base metals pack including copper at the London Metal Exchange (LME) restricted the fall.
At the Multi Commodity Exchange, zinc for delivery in December traded lower by 10 paise, or 0.08 per cent, to Rs 127.60 per kg, with a business turnover of 133 lots.
Marketmen said the fall in zinc prices at futures trade was mostly due to profit-booking by participants amid subdued demand at the spot markets but the metal's strength at the LME restricted the downside.
However, a firm trend in the base metals pack including copper at the London Metal Exchange (LME) restricted the fall.
At the Multi Commodity Exchange, zinc for delivery in December traded lower by 10 paise, or 0.08 per cent, to Rs 127.60 per kg, with a business turnover of 133 lots.
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The January contract weakened by a similar margin to trade at Rs 128.10 per kg in a business volume of 6 lots.
Marketmen said the fall in zinc prices at futures trade was mostly due to profit-booking by participants amid subdued demand at the spot markets but the metal's strength at the LME restricted the downside.