Zinc down 0.2% on weak demand

Metal for delivery in September fell marginally by 0.21%

Press Trust of India New Delhi
Last Updated : Aug 14 2014 | 2:03 PM IST
Zinc futures prices today edged lower by 0.22% to Rs 138.80 per kg largely in line with a weak trend at the spot markets due to sluggish demand and a subdued trend overseas.

At the Multi Commodity Exchange, zinc for delivery in August fell by 30 paise, or 0.22%, to Rs 138.80 per kg, with a business turnover of 543 lots.

Likewise, the metal for delivery in September fell marginally by 30 paise, or 0.21%, to trade at Rs 139.65 per kg, with a business turnover of nine lots.

Marketmen said sluggish domestic demand and the metal's weakness at the London Metal Exchange, put pressure on zinc futures here.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 14 2014 | 11:40 AM IST

Next Story