Zinc down 0.1% on global cues
Marketmen said speculators offloaded their positions in tandem with a weak global trend mainly influenced zinc prices
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Zinc prices moved down by 0.16% to Rs 123.20 per kg in futures market today as speculators offloaded their positions in tandem with a weak global trend.
At the Multi Commodity exchange, zinc for delivery in April moved down by 20 paise, or 0.16% to Rs 123.20 per kg in business turnover of 299 lots.
Likewise, the metal for delivery in May traded lower by 15 paise, or 0.12% to Rs 124.05 per kg in seven lots.
Marketmen said speculators offloaded their positions in tandem with a weak global trend mainly influenced zinc prices at futures trade.
At the Multi Commodity exchange, zinc for delivery in April moved down by 20 paise, or 0.16% to Rs 123.20 per kg in business turnover of 299 lots.
Likewise, the metal for delivery in May traded lower by 15 paise, or 0.12% to Rs 124.05 per kg in seven lots.
Marketmen said speculators offloaded their positions in tandem with a weak global trend mainly influenced zinc prices at futures trade.
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First Published: Apr 11 2014 | 11:16 AM IST