Zinc futures shed 0.15% on tepid demand

Zinc prices eased 0.15 per cent to Rs 203.40 per kg in futures trade Monday as speculators cut down positions taking weak cues from the spot market.

On Multi Commodity Exchange, zinc for delivery in current month declined 30 paise, or 0.15 per cent, to Rs 203.40 per kg in a business turnover of 4,722 lots.

Marketmen said weakness in metals in the spot market owing to slackened demand from consuming industries mainly influenced prices.