Zinc prices eased by 0.41 per cent to Rs 217.10 per kg in futures market today as speculators engaged in reducing their positions, taking negative cues from spot market on sluggish demand.
At the Multi Commodity Exchange, zinc for delivery in June eased by 90 paise, or 0.41 per cent to Rs 217.10 per kg in a business turnover of 649 lots.
Likewise, the metal for delivery in July was trading lower by 80 paise, or 0.37 per cent to Rs 216.90 per kg in 13 lots.
Analysts said cutting down of positions by participants on the back of easing demand from consuming industries in the physical market mainly kept zinc prices down at futures trade.
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