Zinc futures marginally lower on soft demand
Jan 24, 2020, 12:46 IST
New Delhi, Jan 24 () Zinc prices on Friday fell by 40 paise to Rs 184.65 per kg in futures trade as speculators cut bets amid easing demand in spot market.
On the Multi Commodity Exchange, zinc contracts for May delivery moved down by 40 paise, or 0.22 per cent, to Rs 184.65 per kg in a business turnover of 8 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 RUJ RUJ(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)