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Zinc futures drift lower on muted demand

Press Trust of India  |  New Delhi 

Zinc futures on Thursday traded 0.32 per cent lower at Rs 186.85 per kg as speculators reduced exposure in spot market.

On the Multi Commodity Exchange, zinc contracts for November slipped 0.32 per cent, or 60 paise, to Rs 186.85 per kg in a business turnover of 2,440 lots.

For December contracts, zinc futures declined 75 paise, or 0.4 per cent, to Rs 187.30 per kg in 300 lots.

Cutting down of bets by speculators mainly led to fall in zinc prices, traders said.

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

First Published: Thu, November 21 2019. 13:35 IST