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Zinc futures down 0.05 pc on global cues, low spot demand

Press Trust of India  |  New Delhi 

Zinc futures traded a shade lower at Rs 192.90 per kg after speculators lightened positions, tracking a weak global trend and subdued demand at the domestic spot market.

At the Multi Commodity Exchange, zinc for delivery in the current month declined by 10 paise, or 0.05 per cent, to Rs 192.90 per kg, in a business turnover of 469 lots.

The metal for delivery in January softened by a similar margin to trade at Rs 193 per kg in 9 lots.

Analysts said the weakness in zinc at futures trade was mostly attributed to a weak trend in metals in global market.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, September 15 2017. 11:22 IST