You are here: Home » PTI Stories » National » News
Business Standard

Zinc futures soften on muted demand

Press Trust of India  |  New Delhi 

Zinc futures traded 0.50 per cent lower at Rs 208.95 per kg today as speculators trimmed positions amid subdued demand at the physical markets.

Zinc for delivery in current month fell by Rs 1.05, or 0.50 per cent, to Rs 208.95 per kg at the Multi Commodity Exchange, clocking a business turnover of 322 lots.

The metal for delivery in January softened by Re one, or 0.48 per cent to trade at Rs 209 per kg in a business turnover of 2 lots.

Analysts said the weakness in zinc at futures trade was mostly due to trimming of positions by speculators amid a weak trend at the domestic spot markets.

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

First Published: Mon, December 04 2017. 12:30 IST