Zinc futures fall on easing demand
Jan 23, 2020, 12:51 IST
New Delhi, Jan 23 () Zinc prices on Thursday fell by Rs 1.50 to Rs 185.85 per kg in futures trade as speculators cut bets amid easing demand at spot market.
On the Multi Commodity Exchange, zinc contracts for May delivery moved down by Rs 1.50, or 0.80 per cent, to Rs 185.85 per kg in a business turnover of 3 lots.
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Analysts said offloading of positions by traders owing to slackened demand from consuming industries in physical market mainly weighed on zinc prices in futures trade here. VHP SHW SHW(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)