Business Standard

Zinc futures shed 0.53% on profit-booking


Press Trust of India New Delhi
Zinc futures Wednesday fell 0.53 per cent to Rs 195.90 per kg as speculators booked profits amid low demand at the domestic spot markets.
At the Multi commodity Exchange, zinc for delivery in far-month April eased by Rs 1.05, or 0.53 per cent, to Rs 195.90 per kg in a business turnover of 233 lots.
The metal for delivery in current month also fell by 90 paise, or 0.50 per cent to Rs 196 per kg in 1,548 lots.
Marketmen said trimming of positions by participants to book profits amid low demand in the domestic spot market, kept pressure on zinc prices in futures trade.

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First Published: Feb 27 2019 | 11:20 AM IST

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