Zinc prices fell by 0.59 per cent to Rs 183.85 per kg in futures trading today as participants cut down their bets, driven by a fall in demand from consuming industries at domestic spot market.
At the Multi Commodity Exchange, zinc for delivery in January declined by Rs 1.10, or 0.59 per cent, to Rs 183.85 per kg, in a business turnover of two lots.
Likewise, the metal for delivery in current month traded lower by a Re, or 0.59 per cent, to Rs 183.85 per kg in two lots.
Traders said trimming of positions by traders due to subdued demand from consuming in the spot market, weighed on zinc prices at futures trade.
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