Zinc futures fell 0.23 per cent to Rs 194.45 per kg on Wednesday as speculators reduced exposure amid subdued demand at spot market.
Zinc contracts for July delivery fell by 45 paise, or 0.23 per cent, to Rs 194.45 per kg on the Multi Commodity Exchange, clocking a business turnover of 592 lots.
Traders said the weakness in zinc prices at futures trade was mostly due to cutting down of bets by speculators in tandem with a weak trend at spot market.
Similarly, zinc contracts for August delivery traded lower by 0.28 per cent, or 55 paise, to Rs 194.85 per kg in a business turnover of 801 lots.
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