Zinc prices were down by 1.18 per cent to Rs 162.70 per kg in futures trading today as traders trimmed positions, taking negative cues from spot market on easing demand from consuming industries.
At the Multi Commodity Exchange, zinc for delivery in November declined by Rs 1.95, or 1.18 per cent to Rs 162.70 per kg in a business turnover of 1,512 lots.
Similarly, the metal for delivery in December shed Rs 1.85, or 1.12 per cent to Rs 163.50 per kg in 67 lots.
Analysts said offloading of positions by participants amid subdued demand from consuming industries in the spot market, mainly influenced zinc prices at futures trade.
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