 "Zinc down 0.1% on global cues, sluggish demand")
Zinc prices eased 0.11 per cent to Rs 131.05 per kg in futures trade today as speculators trimmed positions amidst a weak trend overseas.
Besides, low demand in domestic spot markets fuelled the downtrend.
At the Multi Commodity Exchange, zinc for delivery in August traded lower by 15 paise, or 0.11 per cent, to Rs 131.05 per kg in a business turnover of one lot.
Market analysts attributed the fall in zinc futures to a weak global trend and subdued demand from consuming industries at domestic spot markets.
Besides, low demand in domestic spot markets fuelled the downtrend.
At the Multi Commodity Exchange, zinc for delivery in August traded lower by 15 paise, or 0.11 per cent, to Rs 131.05 per kg in a business turnover of one lot.
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On similar lines, the metal for delivery this month shed 10 paise, or 0.08 per cent, to Rs 130.40 per kg in 446 lots.
Market analysts attributed the fall in zinc futures to a weak global trend and subdued demand from consuming industries at domestic spot markets.