Zinc softens 0.5% on global cues
Prices traded lower as speculators offloaded their positions
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Zinc futures for June declined by 50 paise, or 0.49%, to Rs 102.45 per kg in 148 lots.
At the Multi Commodity Exchange (MCX), the May contract softened by 45 paise, or 0.44%, to Rs 101.30 per kg in 2,511 lots.
Prices traded lower as speculators offloaded their positions.
On the London Metal Exchange (LME), zinc dropped 0.4% to $1,888 a metric tonne.
At the Multi Commodity Exchange (MCX), the May contract softened by 45 paise, or 0.44%, to Rs 101.30 per kg in 2,511 lots.
Prices traded lower as speculators offloaded their positions.
On the London Metal Exchange (LME), zinc dropped 0.4% to $1,888 a metric tonne.
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First Published: May 09 2013 | 3:21 PM IST