Zinc futures down 0.24% on global cues

Image
Press Trust of India New Delhi
Last Updated : Mar 03 2016 | 12:02 PM IST
Zinc prices fell by 0.24 per cent to Rs 122.85 per kg in futures trade today after speculators reduced their exposure, tracking a weak trend overseas.
At the Multi Commodity Exchange, zinc for delivery in April eased by 30 paise, or 0.24 per cent, to Rs 122.85 per kg in a business turnover of 54 lots.
Likewise, the metal for delivery in current month shed 25 paise, or 0.20 per cent, to Rs 122.20 per kg in 956 lots.
Market analysts said zinc prices fell due to a weak trend in base metals in global markets and muted demand from consuming industries at the domestic spot markets.
*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: Mar 03 2016 | 12:02 PM IST

Next Story