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Zinc futures shed 0.37% on low demand

Press Trust of India  |  New Delhi 

Zinc prices eased 0.37 per cent to Rs 187.35 per kg in futures trade Wednesday as speculators cut down positions, taking weak cues from the spot market.

On the Multi Commodity Exchange, zinc for delivery in current month declined 70 paise, or 0.37 per cent, to Rs 187.35 per kg in a business turnover of 2,999 lots.

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

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

First Published: Wed, August 14 2019. 12:55 IST