Zinc down 0.4% on global cues
Subdued domestic spot market demands affected the trade
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Zinc futures for April traded lower by 45 paise, or 0.42%, to Rs 107.55 per kg in 54 lots.
At the Multi Commodity Exchange (MCX), the March contract fell by 40 paise, or 0.37%, to trade at Rs 106.55 per kg in 986 lots.
Weak global market cues amid subdued domestic spot market demands affected the trade.
Concern that policymakers will expand efforts to cool the housing market in China, the world's biggest consumer, had a negative impact on Zinc futures.
At the Multi Commodity Exchange (MCX), the March contract fell by 40 paise, or 0.37%, to trade at Rs 106.55 per kg in 986 lots.
Weak global market cues amid subdued domestic spot market demands affected the trade.
Concern that policymakers will expand efforts to cool the housing market in China, the world's biggest consumer, had a negative impact on Zinc futures.
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First Published: Mar 14 2013 | 2:24 PM IST