Zinc down 0.2% on profit-booking

Metal for delivery in August down 0.14%

Zinc futures traded a shade lower at Rs 137.90 per kg today amidst profit-booking by speculators and subdued spot demand.

At the Multi Commodity Exchange, zinc for delivery in current month traded lower by 30 paise, or 0.22%, to Rs 137.90 per kg in a business turnover of 267 lots.

Similarly, the metal for delivery in August shed 20 paise, or 0.14%, to Rs 138.35 per kg in 19 lots.

Market analysts said besides profit-booking, subdued demand from consuming industries in the spot market led to the fall in zinc prices at futures trade.